528 Live Oak DriveSunset 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
Investment property for sale in Sunset Beach at 528 Live Oak Drive, Sunset Beach, NC, 28468 uses $87,814 cash to close to unlock $9,361/yr annual cash flow and $780/mo monthly cash flow. Total monthly income runs $2,395/mo, and a $1,297/mo payment keeps the spread at $780/mo. Purchase price stands at $264,900, and rental yield measures 10.85% with $2,395/mo rent. Return on cash invested shows 30.57% in year one, and 5% annual appreciation builds toward $73,187 over five years. Five-year ROI reaches 159.93% and total cumulative return in cash records $140,444. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,395/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Manufactured
Built in 1989
8,712 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: Jayne A Anderson • Coldwell Banker Sloane Realty OIB
Mls Name: Hive MLS
Mls Provider:
Mls ID: #100482748
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 2025-02-22 12:32:37 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. 2025-02-22 12:32:37 PST Hive MLS