816 Palm Frond Way NWCalabashNC28467
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
Investment property for sale in Calabash at 816 Palm Frond Way NW, Calabash, NC, 28467 with 5% annual appreciation on a $264,300 basis while $2,394/mo rent supports operations. Total monthly income totals $2,394/mo and a $1,294/mo payment preserves $783/mo for cash returns. Annual cash flow comes to $9,394/yr on $87,615 deployed, and return on cash invested reaches 30.63% in year one. Equity gained on principal adds $1,705/yr, and five-year appreciation sums $73,021 alongside rental yield of 10.87%. Five-year ROI measures 160.22% and total cumulative return in cash totals $140,376.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,394/mo property income versus a $1,294/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2025
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Dream Finders Homes
Mls Provider:
Mls ID: #N/A