226 Pinewood DriveMinnesott BeachNC28510
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Minnesott Beach at 226 Pinewood Drive, Minnesott Beach, NC, 28510 earns $252/mo cash flow from $2,172/mo rent with a $1,542/mo payment. Total monthly income totals $2,172/mo, and annual cash flow totals $3,024/yr on $104,423 capital. ROI tracks 22.8% on current figures, and rental yield reads 8.27% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 118.23% and total cumulative return in cash sums $123,461. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,172/mo property income instead of your personal income.
Single Family
Built in 1973
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28510, Arapahoe, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,002 (100%) |
| Owner Occupied HU | 612 (61.1%) |
| Renter Occupied HU | 110 (11.0%) |
| Vacant Housing Units | 280 (27.9%) |
| Median Home Value | $341,573 |
| Average Home Value | $361,172 |
Housing Distribution
Address Breakdown
Residential
869
Single Family
869
Multi-Family
0
Businesses
33
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Listed by: Kacy Cline Forbes • Realty ONE Group East
Mls Name: Hive MLS
Mls ID: #100540009