Poplar Plan, Luke's LandingCastaliaNC27816
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at Poplar Plan, Luke's Landing, Castalia, NC, 27816 in Castalia is narrow, $155/mo net on $1,770/mo rent after the $1,256/mo debt service, but the property operates at break-even-plus, not a loss. At $264,990 with a 8.02% yield, the long-run equity case via 5% appreciation ($73,212 over five years) and $2,221/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.41 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $105,422.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.2% |
| Monthly Cash Flow | $155 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,770 |
| Total Monthly Debt Service | $1,574 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27816, Castalia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,273 (100%) |
| Owner Occupied HU | 821 (64.5%) |
| Renter Occupied HU | 297 (23.3%) |
| Vacant Housing Units | 155 (12.2%) |
| Median Home Value | $218,956 |
| Average Home Value | $587,616 |
Housing Distribution
Address Breakdown
Residential
1,107
Single Family
1,107
Multi-Family
0
Businesses
43
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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
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Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
