575 Chatham Ct NWCalabashNC28467
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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 Calabash at 575 Chatham Ct NW, Calabash, NC, 28467 offers $4,002/mo rent that, after a $2,540/mo payment, leaves $839/mo cash flow. Total monthly income is $4,002/mo, and annual cash flow is $10,070/yr on $170,751 cash. Return on cash invested measures 25.96% in year one, and rental yield stands at 9.25% at a $519,000 entry. Equity gained on principal adds $3,349/yr while 5% annual appreciation compounds into $143,390 by year five. Five-year ROI records 135.14% and total cumulative return in cash reaches $230,745. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,002/mo property income versus a $2,540/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28467, Calabash, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,292 (100%) |
| Owner Occupied HU | 6,592 (70.9%) |
| Renter Occupied HU | 687 ( 7.4%) |
| Vacant Housing Units | 2,013 (21.7%) |
| Median Home Value | $327,364 |
| Average Home Value | $376,740 |
Housing Distribution
Address Breakdown
Residential
8,714
Single Family
8,225
Multi-Family
489
Businesses
254
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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