Blossom Plan, Brook Ridge LaneSouthportNC28461
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
Investment property for sale in Southport at Blossom Plan, Brook Ridge Lane, Southport, NC, 28461 with 5% annual appreciation on a $200,000 basis while $1,412/mo rent supports operations. Total monthly income totals $1,412/mo and a $979/mo payment preserves $193/mo for cash returns. Annual cash flow comes to $2,316/yr on $66,300 deployed, and return on cash invested reaches 23.4% in year one. Equity gained on principal adds $1,291/yr, and five-year appreciation sums $55,256 alongside rental yield of 8.47%. Five-year ROI measures 121.44% and total cumulative return in cash totals $80,516.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,412/mo property income versus a $979/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Logan Homes
Mls Name: Logan Homes
Mls Provider:
Mls ID: #N/A