100 Lookout Rdg, Cedar Pt, NC, 28584 | 3.98% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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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Investment Highlights

Rental property for sale in Cedar Pt at 100 Lookout Rdg, Cedar Pt, NC, 28584 priced at $975,000 converts $3,233/mo rent into after a $4,772/mo obligation. Total monthly income equals $3,233/mo. Return on cash invested prints 9.93% in year one, and rental yield reads 3.98% against a $975,000 entry. Equity gained on principal adds $6,292/yr, while 5% annual appreciation compiles into $269,375 by year five. Five-year ROI reaches 49.14% and total cumulative return in cash sums $157,623. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,233/mo property income covering a $4,772/mo payment, not borrower’s personal income.

Single Family

Built in 2008

0.49 Acres lot

$N/A/sqft

No HOA