310 Country Club Villa Drive # 3ShallotteNC28470
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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 Shallotte at 310 Country Club Villa Drive # 3, Shallotte, NC, 28470 offers a 14.22% rental yield on a $145,000 purchase with $1,718/mo rent. Total monthly income registers $1,718/mo, and a $710/mo payment leaves $834/mo available for distribution. Annual cash flow reaches $10,008/yr on $48,068 to close, and return on cash invested stands at 40.73% in year one. Equity gained on principal adds $936/yr while 5% annual appreciation supports $40,061 over five years. Portfolio math shows five-year ROI at 214.34% and total cumulative return in cash at $103,028. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,718/mo property income against a $710/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28470, Shallotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,617 (100%) |
| Owner Occupied HU | 4,007 (60.6%) |
| Renter Occupied HU | 1,389 (21.0%) |
| Vacant Housing Units | 1,221 (18.5%) |
| Median Home Value | $340,677 |
| Average Home Value | $400,276 |
Housing Distribution
Address Breakdown
Residential
5,698
Single Family
5,360
Multi-Family
338
Businesses
491
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Listed by: Beth Berger • Coldwell Banker Sea Coast Advantage
Mls Name: Hive MLS
Mls ID: #100539285