4391 Frying Pan Road SESouthportNC28461
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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 Southport at 4391 Frying Pan Road SE, Southport, NC, 28461 offers a 7.04% rental yield on a $459,000 purchase with $2,693/mo rent. 08% in year one. Equity gained on principal adds $2,962/yr while 5% annual appreciation supports $126,813 over five years. Portfolio math shows five-year ROI at 98.31% and total cumulative return in cash at $149,579. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,693/mo property income against a $2,247/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
0.27 Acres 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: Hank Troscianiec & Associates • Keller Williams Innovate-OKI
Mls Name: Hive MLS
Mls ID: #100526864