HANNAH Plan, The Meadows at Wildwood VillageShallotteNC28470
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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 Shallotte at HANNAH Plan, The Meadows at Wildwood Village, Shallotte, NC, 28470 priced at $231,490 converts $1,874/mo rent into $463/mo cash flow after a $1,133/mo obligation. Total monthly income equals $1,874/mo, and annual cash flow totals $5,559/yr on $76,739 invested. Return on cash invested prints 27.15% in year one, and rental yield reads 9.71% against a $231,490 entry. Equity gained on principal adds $1,494/yr, while 5% annual appreciation compiles into $63,956 by year five. Five-year ROI reaches 141.61% and total cumulative return in cash sums $108,666. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,874/mo property income covering a $1,133/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28470, Shallotte, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,617 (100%) |
| Owner Occupied HU | 4,007 (60.6%) |
| Renter Occupied HU | 1,389 (21.0%) |
| Vacant Housing Units | 1,221 (18.5%) |
| Median Home Value | $340,677 |
| Average Home Value | $400,276 |
Housing Distribution
Address Breakdown
Residential
5,698
Single Family
5,360
Multi-Family
338
Businesses
491
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Listed by: The Meadows at Wildwood Village • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A