The Summit Plan, Waters at SouthportSouthportNC28461
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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 Southport at The Summit Plan, Waters at Southport, Southport, NC, 28461 at $594,990 posts ROI 19.6% with from $3,551/mo rent. Total monthly income equals $3,551/mo. Return on cash invested measures 19.6% and rental yield reads 7.16% at the current $594,990. Equity gained on principal adds $3,839/yr, and 5% annual appreciation supports $164,385 by year five. Five-year ROI prints 101.05% and total cumulative return in cash totals $197,807. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,551/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2026
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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Listed by: N/A • Stanley Martin Homes
Mls Name: Stanley Martin Homes
Mls Provider:
Mls ID: #N/A