8859 Smithfield Drive 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
Investment property for sale in Calabash at 8859 Smithfield Drive NW, Calabash, NC, 28467 earns from $2,296/mo rent with a $2,053/mo payment. Total monthly income totals $2,296/mo. ROI tracks 17.66% on current figures, and rental yield reads 6.57% at a $419,500 purchase. Equity gained on principal adds $2,707/yr, and 5% annual appreciation supports $115,900 over five years. Five-year ROI reaches 90.68% and total cumulative return in cash sums $126,102. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,296/mo property income instead of your personal income.
Single Family
Built in 2004
7,840 sqft 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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Listed by: Surf & Turf Properties • RE/MAX at the Beach / Calabash
Mls Name: Hive MLS
Mls ID: #100547083