1001 Morris Marina Rd #21AtlanticNC28511
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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
Total monthly income runs $0/mo, and a $685/mo payment. Purchase price stands at $140,000, and rental yield measures 0% with $0/mo rent. Return on cash invested shows -2.15% in year one, and 5% annual appreciation builds toward $38,679 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $0/mo property income covering a $685/mo payment rather than investor’s personal income.
Manufactured
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28511, Atlantic, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 446 (100%) |
| Owner Occupied HU | 233 (52.2%) |
| Renter Occupied HU | 37 ( 8.3%) |
| Vacant Housing Units | 176 (39.5%) |
| Median Home Value | $157,639 |
| Average Home Value | $236,041 |
Housing Distribution
Address Breakdown
Residential
217
Single Family
217
Multi-Family
0
Businesses
18
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Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A