3809 Island DriveNorth 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 North Topsail Beach at 3809 Island Drive, North Topsail Beach, NC, 28460 earns from $2,262/mo rent with a $3,793/mo payment. Total monthly income totals $2,262/mo. ROI tracks 8.48% on current figures, and rental yield reads 3.5% at a $775,000 purchase. Equity gained on principal adds $5,001/yr, and 5% annual appreciation supports $214,118 over five years. Five-year ROI reaches 41.38% and total cumulative return in cash sums $105,499. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,262/mo property income instead of your personal income.
Townhouse
Built in 2005
871.20 sqft 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: Summy Rucker • Summy Rucker Real Estate LLC
Mls Name: Hive MLS
Mls ID: #100550278