9379 Old Salem 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
Total monthly income runs $2,575/mo, and a $3,132/mo payment. Purchase price stands at $639,900, and rental yield measures 4.83% with $2,575/mo rent. Return on cash invested shows 12.51% in year one, and 5% annual appreciation builds toward $176,793 over five years. Five-year ROI reaches 63.01% and total cumulative return in cash records $132,659. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,575/mo property income covering a $3,132/mo payment rather than investor’s personal income.
Single Family
Built in 2026
0.42 Acres 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: Carol H Cassidy • Keller Williams Innovate South dba Core Myrtle Beach
Mls Name: Hive MLS
Mls ID: #100538217