404 Sunset Oaks LaneSunset BeachNC28468
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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
Rental property for sale in Sunset Beach at 404 Sunset Oaks Lane, Sunset Beach, NC, 28468 priced at $250,000 converts $1,732/mo rent into $208/mo cash flow after a $1,224/mo obligation. Total monthly income equals $1,732/mo, and annual cash flow totals $2,496/yr on $82,875 invested. Return on cash invested prints 22.92% in year one, and rental yield reads 8.31% against a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,070 by year five. Five-year ROI reaches 118.86% and total cumulative return in cash sums $98,506. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,732/mo property income covering a $1,224/mo payment, not borrower’s personal income.
Townhouse
Built in 2004
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28468, Sunset Beach, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,393 (100%) |
| Owner Occupied HU | 2,576 (40.3%) |
| Renter Occupied HU | 467 ( 7.3%) |
| Vacant Housing Units | 3,350 (52.4%) |
| Median Home Value | $419,266 |
| Average Home Value | $452,638 |
Housing Distribution
Address Breakdown
Residential
4,545
Single Family
4,032
Multi-Family
513
Businesses
109
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Listed by: The Legacy Team • Intracoastal Realty
Mls Name: Hive MLS
Mls ID: #100545901