230 NE 36th StreetOak IslandNC28465
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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 Oak Island at 230 NE 36th Street, Oak Island, NC, 28465 listed at $998,500 pairs $3,253/mo rent with a $4,887/mo payment. Total monthly income runs $3,253/mo. Return on cash invested measures 9.71% in year one, and rental yield registers 3.91% at a $998,500 basis. Equity gained on principal adds $6,443/yr, and annual property appreciation at 5% supports $275,867 by year five. Five-year ROI tracks 48.01% and total cumulative return in cash totals $157,729. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,253/mo property income relative to a $4,887/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28465, Oak Island, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,067 (100%) |
| Owner Occupied HU | 3,853 (34.8%) |
| Renter Occupied HU | 667 ( 6.0%) |
| Vacant Housing Units | 6,547 (59.2%) |
| Median Home Value | $508,650 |
| Average Home Value | $583,332 |
Housing Distribution
Address Breakdown
Residential
7,254
Single Family
7,254
Multi-Family
0
Businesses
267
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Listed by: Danielle M Stewart • Century 21 Collective
Mls Name: Hive MLS
Mls ID: #100542676