395 S Crow Creek Drive NW Unit 1206CalabashNC28467
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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 395 S Crow Creek Drive NW Unit 1206, Calabash, NC, 28467 listed at $289,000 pairs $2,124/mo rent with a $1,415/mo payment to leave $362/mo cash flow. Total monthly income runs $2,124/mo, and annual cash flow reaches $4,346/yr on $95,804 cash to close. Return on cash invested measures 24.45% in year one, and rental yield registers 8.82% at a $289,000 basis. Equity gained on principal adds $1,865/yr, and annual property appreciation at 5% supports $79,845 by year five. Five-year ROI tracks 127.08% and total cumulative return in cash totals $121,742. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,124/mo property income relative to a $1,415/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2006
N/A lot
$N/A/sqft
No 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: Patty M Paone • Coldwell Banker Sea Coast Advantage
Mls Name: Hive MLS
Mls ID: #100527810