Raeford Plan, Boiling Spring Lakes, Boiling Spring Lakes, NC, 28461 | $647/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1493 sft

1534 Maltwood Court SE, Bolivia, NC, 28422

2 Bed
2 Bath
1101 sft

145 Bentgreen Drive, Leland, NC, 28451

3 Bed
2 Bath
1230 sft

4901 N Hampton Drive SE, Southport, NC, 28461

2 Bed
1 Bath
984 sft

141 NE 33rd St, Oak Island, NC, 28465

Nearby investment properties with comparable prices

4 Bed
3 Bath
1765 sft

BENNINGTON Plan, Hewett Landing, Supply, NC, 28462

Reese Plan, Middle Creek Village Coastal Cottages & Villas

3 Bed
3 Bath
1224 sft

Reese Plan, Middle Creek Village Coastal Cottages & Villas, Bolivia, NC, 28422

3 Bed
3 Bath
1224 sft

Reese Plan, Middle Creek Village, Bolivia, NC, 28422

3 Bed
2 Bath
1517 sft

2268 W Tanglewood Drive SW, Supply, NC, 28462

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Boiling Spring Lakes at Raeford Plan, Boiling Spring Lakes, Boiling Spring Lakes, NC, 28461 offers a 10.04% rental yield on a $284,900 purchase with $2,383/mo rent. Total monthly income registers $2,383/mo, and a $1,394/mo payment leaves $647/mo available for distribution. Annual cash flow reaches $7,765/yr on $94,444 to close, and return on cash invested stands at 28.13% in year one. Equity gained on principal adds $1,838/yr while 5% annual appreciation supports $78,713 over five years. Portfolio math shows five-year ROI at 146.85% and total cumulative return in cash at $138,695. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,383/mo property income against a $1,394/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

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