Pearson Plan, Waterside TownhomesSurf CityNC28445
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
Rental property for sale in Surf City at Pearson Plan, Waterside Townhomes, Surf City, NC, 28445 priced at $314,990 converts $2,575/mo rent into $655/mo cash flow after a $1,542/mo obligation. Total monthly income equals $2,575/mo, and annual cash flow totals $7,860/yr on $104,419 invested. Return on cash invested prints 27.44% in year one, and rental yield reads 9.81% against a $314,990 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,026 by year five. Five-year ROI reaches 143.13% and total cumulative return in cash sums $149,450. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,575/mo property income covering a $1,542/mo payment, not borrower’s personal income.
Townhouse
Built in 2026
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A