413 27th Street # BSunset 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
Total monthly income runs $2,054/mo, and a $2,266/mo payment. Purchase price stands at $463,000, and rental yield measures 5.32% with $2,054/mo rent. Return on cash invested shows 13.91% in year one, and 5% annual appreciation builds toward $127,918 over five years. Five-year ROI reaches 70.54% and total cumulative return in cash records $108,271. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,054/mo property income covering a $2,266/mo payment rather than investor’s personal income.
Condo
Built in 2015
N/A 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: Shirley Johnson • Coldwell Banker Sloane
Mls Name: Hive MLS
Mls ID: #100543636