Robert Ruark Dr #98TOMCSouthportNC28461
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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 #98TOMC, Southport, NC, 28461 with 5% annual appreciation on a $467,700 basis while $2,759/mo rent supports operations. 2% in year one. Equity gained on principal adds $3,018/yr, and five-year appreciation sums $129,217 alongside rental yield of 7.08%. Five-year ROI measures 98.93% and total cumulative return in cash totals $153,391. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,759/mo property income versus a $2,289/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A