3220 NW Edgemead Circle UNIT ACalabashNC28467
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Calabash at 3220 NW Edgemead Circle UNIT A, Calabash, NC, 28467 priced at $243,470 converts $2,394/mo rent into $763/mo cash flow after a $1,192/mo obligation. Total monthly income equals $2,394/mo, and annual cash flow totals $9,154/yr on $80,710 invested. Return on cash invested prints 31.25% in year one, and rental yield reads 11.8% against a $243,470 entry. Equity gained on principal adds $1,571/yr, while 5% annual appreciation compiles into $67,266 by year five. Five-year ROI reaches 164.34% and total cumulative return in cash sums $132,636. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,394/mo property income covering a $1,192/mo payment, not borrower’s 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laura Tobey • NVR Ryan Homes
Mls Name: CCAR
Mls Provider:
Mls ID: #2425935
Disclaimer: Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 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.