Robert Ruark Dr #M7YQ85SouthportNC28461
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 Robert Ruark Dr #M7YQ85, Southport, NC, 28461 at $533,900 posts ROI 23.38% with $486/mo cash flow from $3,740/mo rent. Total monthly income equals $3,740/mo, and annual cash flow records $5,836/yr on $175,653 to close. Return on cash invested measures 23.38% and rental yield reads 8.41% at the current $533,900. Equity gained on principal adds $3,445/yr, and 5% annual appreciation supports $147,507 by year five. Five-year ROI prints 121.33% and total cumulative return in cash totals $213,115.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,740/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Home Type Unknown
Built in N/A
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 • N/A
Mls Name: undefined
Mls ID: #N/A