Beach Boca Garden Home II Plan, The Home Place of SouthportSouthportNC28461
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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 Southport at Beach Boca Garden Home II Plan, The Home Place of Southport, Southport, NC, 28461 generates $3,354/mo in rent, after a $2,396/mo payment. Total monthly income is $3,354/mo. Return on cash invested sits at 19.77% in year one, and rental yield is 8.22% on a $489,500 entry. Equity gained on principal adds $3,159/yr, while 5% annual appreciation builds toward $135,240 over five years. Five-year ROI reaches 103% and total cumulative return in cash sums $167,135. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,354/mo property income rather than buyer’s personal income.
Multi Family
Built in 2026
N/A lot
$N/A/sqft
$390 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28461, Southport, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,314 (100%) |
| Owner Occupied HU | 11,104 (68.1%) |
| Renter Occupied HU | 1,964 (12.0%) |
| Vacant Housing Units | 3,246 (19.9%) |
| Median Home Value | $469,776 |
| Average Home Value | $516,669 |
Housing Distribution
Address Breakdown
Residential
13,317
Single Family
12,553
Multi-Family
764
Businesses
886
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Listed by: N/A • Brunswick Forest Realty
Mls Name: Brunswick Forest Realty
Mls Provider:
Mls ID: #N/A