3224 Edgemead Circle UNIT CCalabashSC28467
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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 3224 Edgemead Circle UNIT C, Calabash, SC, 28467 listed at $232,770 pairs $2,394/mo rent with a $1,139/mo payment to leave $862/mo cash flow. Total monthly income runs $2,394/mo, and annual cash flow reaches $10,340/yr on $77,163 cash to close. Return on cash invested measures 33.31% in year one, and rental yield registers 12.34% at a $232,770 basis. Equity gained on principal adds $1,502/yr, and annual property appreciation at 5% supports $64,310 by year five. Five-year ROI tracks 175.23% and total cumulative return in cash totals $135,216. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,394/mo property income relative to a $1,139/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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: Henry Crist • NVR Ryan Homes
Mls Name: CCAR
Mls Provider:
Mls ID: #2425933
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.