Norman Plan, Waterside TownhomesGbeowh Surf CityNC28445
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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 Gbeowh Surf City at Norman Plan, Waterside Townhomes, Gbeowh Surf City, NC, 28445 at $367,990 posts ROI 21.46% with $157/mo cash flow from $2,400/mo rent. Total monthly income equals $2,400/mo, and annual cash flow records $1,889/yr on $121,989 to close. Return on cash invested measures 21.46% and rental yield reads 7.83% at the current $367,990. Equity gained on principal adds $2,375/yr, and 5% annual appreciation supports $101,669 by year five. Five-year ROI prints 111.04% and total cumulative return in cash totals $135,454.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,400/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28445, Holly Ridge, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,156 (100%) |
| Owner Occupied HU | 4,002 (39.4%) |
| Renter Occupied HU | 1,043 (10.3%) |
| Vacant Housing Units | 5,111 (50.3%) |
| Median Home Value | $376,587 |
| Average Home Value | $435,780 |
Housing Distribution
Address Breakdown
Residential
6,217
Single Family
6,134
Multi-Family
83
Businesses
499
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Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A