928 Great Egret Circle SW # 4Sunset BeachNC28468
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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 Sunset Beach at 928 Great Egret Circle SW # 4, Sunset Beach, NC, 28468 offers a 11.17% rental yield on a $264,900 purchase with $2,466/mo rent. Total monthly income registers $2,466/mo, and a $1,297/mo payment leaves $851/mo available for distribution. Annual cash flow reaches $10,213/yr on $87,814 to close, and return on cash invested stands at 31.54% in year one. Equity gained on principal adds $1,709/yr while 5% annual appreciation supports $73,187 over five years. Portfolio math shows five-year ROI at 165.14% and total cumulative return in cash at $145,016. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,466/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28468, Sunset Beach, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,393 (100%) |
| Owner Occupied HU | 2,576 (40.3%) |
| Renter Occupied HU | 467 ( 7.3%) |
| Vacant Housing Units | 3,350 (52.4%) |
| Median Home Value | $419,266 |
| Average Home Value | $452,638 |
Housing Distribution
Address Breakdown
Residential
4,545
Single Family
4,032
Multi-Family
513
Businesses
109
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Listed by: Suzanne M Polino • ASAP Realty
Mls Name: Hive MLS
Mls ID: #100546410