7502 9th AvenueNorth Topsail BeachNC28460
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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 North Topsail Beach at 7502 9th Avenue, North Topsail Beach, NC, 28460 generates $3,186/mo in rent, after a $4,058/mo payment. Total monthly income is $3,186/mo. Return on cash invested sits at 11.85% in year one, and rental yield is 4.61% on a $829,000 entry. Equity gained on principal adds $5,349/yr, while 5% annual appreciation builds toward $229,037 over five years. Five-year ROI reaches 59.46% and total cumulative return in cash sums $162,172. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,186/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28460, Sneads Ferry, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,167 (100%) |
| Owner Occupied HU | 4,456 (43.8%) |
| Renter Occupied HU | 1,736 (17.1%) |
| Vacant Housing Units | 3,975 (39.1%) |
| Median Home Value | $345,363 |
| Average Home Value | $372,482 |
Housing Distribution
Address Breakdown
Residential
7,684
Single Family
6,998
Multi-Family
686
Businesses
379
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Listed by: Amber Shelar • RE/MAX Executive
Mls Name: Hive MLS
Mls ID: #100544399