3009 NW Edgemead Circle UNIT DCalabashSC28467
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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 Calabash at 3009 NW Edgemead Circle UNIT D, Calabash, SC, 28467 earns $873/mo cash flow from $2,394/mo rent with a $1,130/mo payment. Total monthly income totals $2,394/mo, and annual cash flow totals $10,471/yr on $76,563 capital. ROI tracks 33.58% on current figures, and rental yield reads 12.44% at a $230,960 purchase. Equity gained on principal adds $1,490/yr, and 5% annual appreciation supports $63,810 over five years. Five-year ROI reaches 176.73% and total cumulative return in cash sums $135,308. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,394/mo property income instead of your personal income.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
$147 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28467, Calabash, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,292 (100%) |
| Owner Occupied HU | 6,592 (70.9%) |
| Renter Occupied HU | 687 ( 7.4%) |
| Vacant Housing Units | 2,013 (21.7%) |
| Median Home Value | $327,364 |
| Average Home Value | $376,740 |
Housing Distribution
Address Breakdown
Residential
8,714
Single Family
8,225
Multi-Family
489
Businesses
254
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Listed by: Kaylee Miles • NVR Ryan Homes
Mls Name: CCAR
Mls Provider:
Mls ID: #2422057
Disclaimer: Provided courtesy of the Coastal Carolinas MLS. Copyright 2024 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.