237 Seashore Drive DriveN Topsail BeachNC28460
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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 N Topsail Beach at 237 Seashore Drive Drive, N Topsail Beach, NC, 28460 at $1,669,900 posts ROI 6.16% with from $3,769/mo rent. Total monthly income equals $3,769/mo. Return on cash invested measures 6.16% and rental yield reads 2.71% at the current $1,669,900. Equity gained on principal adds $10,776/yr, and 5% annual appreciation supports $461,363 by year five. Five-year ROI prints 28.88% and total cumulative return in cash totals $156,253. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,769/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1997
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28460, Sneads Ferry, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,167 (100%) |
| Owner Occupied HU | 4,456 (43.8%) |
| Renter Occupied HU | 1,736 (17.1%) |
| Vacant Housing Units | 3,975 (39.1%) |
| Median Home Value | $345,363 |
| Average Home Value | $372,482 |
Housing Distribution
Address Breakdown
Residential
7,684
Single Family
6,998
Multi-Family
686
Businesses
379
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Listed by: The Domenico Grillo Real Estate Team • Keller Williams Innovate-Wilmington
Mls Name: Hive MLS
Mls ID: #100531878