4171 Cambridge Cove Circle SE # 2SouthportNC28461
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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 Southport at 4171 Cambridge Cove Circle SE # 2, Southport, NC, 28461 generates $3,254/mo in rent and, after a $2,002/mo payment, leaves $761/mo in cash flow. Total monthly income is $3,254/mo, and annual cash flow is $9,134/yr on $135,584 invested. Return on cash invested sits at 26.65% in year one, and rental yield is 9.55% on a $409,000 entry. Equity gained on principal adds $2,639/yr, while 5% annual appreciation builds toward $112,999 over five years. Five-year ROI reaches 138.87% and total cumulative return in cash sums $188,289. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,254/mo property income rather than buyer’s personal income.
Townhouse
Built in 2016
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28461, Southport, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,314 (100%) |
| Owner Occupied HU | 11,104 (68.1%) |
| Renter Occupied HU | 1,964 (12.0%) |
| Vacant Housing Units | 3,246 (19.9%) |
| Median Home Value | $469,776 |
| Average Home Value | $516,669 |
Housing Distribution
Address Breakdown
Residential
13,317
Single Family
12,553
Multi-Family
764
Businesses
886
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Listed by: Jim C Goodman • Margaret Rudd Assoc/O.I.
Mls Name: Hive MLS
Mls ID: #100549972