Hickory Plan, Summers WalkShallotteNC28470
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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 Shallotte at Hickory Plan, Summers Walk, Shallotte, NC, 28470 listed at $200,000 pairs $1,393/mo rent with a $979/mo payment to leave $115/mo cash flow. Total monthly income runs $1,393/mo, and annual cash flow reaches $1,380/yr on $66,300 cash to close. Return on cash invested measures 21.99% in year one, and rental yield registers 8.36% at a $200,000 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 114.24% and total cumulative return in cash totals $75,740. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,393/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2026
N/A lot
$N/A/sqft
$59 monthly 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: N/A • Logan Homes
Mls Name: Logan Homes
Mls Provider:
Mls ID: #N/A