8967 Chesterfield Dr. Lot 451-Cumberland GCalabashNC28467
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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 8967 Chesterfield Dr. Lot 451-Cumberland G, Calabash, NC, 28467 generates $2,656/mo in rent, after a $2,622/mo payment. Total monthly income is $2,656/mo. Return on cash invested sits at 15.25% in year one, and rental yield is 5.95% on a $535,665 entry. Equity gained on principal adds $3,457/yr, while 5% annual appreciation builds toward $147,994 over five years. Five-year ROI reaches 77.95% and total cumulative return in cash sums $137,373. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,656/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.33 Acres lot
$N/A/sqft
$98 monthly 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: Renee Brown • DR Horton
Mls Name: CCAR
Mls Provider:
Mls ID: #2425989
Disclaimer: Provided courtesy of the Coastal Carolinas MLS. Copyright 2024 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.