9804 Heath PlaceEmerald IsleNC28594
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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 Emerald Isle at 9804 Heath Place, Emerald Isle, NC, 28594 earns from $3,684/mo rent with a $4,836/mo payment. Total monthly income totals $3,684/mo. ROI tracks 11.43% on current figures, and rental yield reads 4.47% at a $988,000 purchase. Equity gained on principal adds $6,375/yr, and 5% annual appreciation supports $272,966 over five years. Five-year ROI reaches 57.22% and total cumulative return in cash sums $185,992. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,684/mo property income instead of your personal income.
Single Family
Built in 2004
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28594, Emerald Isle, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,083 (100%) |
| Owner Occupied HU | 1,611 (22.7%) |
| Renter Occupied HU | 300 ( 4.2%) |
| Vacant Housing Units | 5,172 (73.0%) |
| Median Home Value | $654,716 |
| Average Home Value | $686,816 |
Housing Distribution
Address Breakdown
Residential
2,858
Single Family
2,858
Multi-Family
0
Businesses
282
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Listed by: Eric Fountain • Coldwell Banker Sea Coast Adv EI
Mls Name: Hive MLS
Mls ID: #100549289