Beach Boca Garden Home 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
Investment property for sale in Southport at Beach Boca Garden Home Plan, The Home Place of Southport, Southport, NC, 28461 offers a 7.39% rental yield on a $469,500 purchase with $2,890/mo rent. 12% in year one. Equity gained on principal adds $3,030/yr while 5% annual appreciation supports $129,714 over five years. Portfolio math shows five-year ROI at 88.86% and total cumulative return in cash at $138,308. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,890/mo property income against a $2,298/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 2025
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