5 Poor Mans Pepper TrailBald Head IslandNC28461
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bald Head Island at 5 Poor Mans Pepper Trail, Bald Head Island, NC, 28461 priced at $1,449,000 pairs $3,559/mo rent with after a $7,092/mo payment. Total monthly income equals $3,559/mo. Return on cash invested is 6.77% in year one, and rental yield stands at 2.95% on a $1,449,000 basis. Equity gained on principal adds $9,350/yr, and 5% annual appreciation accumulates to $400,332 by year five. Five-year ROI measures 32.19% and total cumulative return in cash reaches $151,147. For financing, Ziffy Mortgage’s DSCR program evaluates $3,559/mo property income against a $7,092/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
0.35 Acres lot
$N/A/sqft
$593 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wendy R Wilmot • Wendy Wilmot Properties
Mls Name: Hive MLS
Mls Provider:
Mls ID: #100490253
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 2025-02-21 23:29:38 PST. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 2025-02-21 23:29:38 PST Hive MLS