105 S Water St LOT 5 & 6Pt HarborNC27964
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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 Pt Harbor at 105 S Water St LOT 5 & 6, Pt Harbor, NC, 27964 earns from $2,520/mo rent with a $3,084/mo payment. Total monthly income totals $2,520/mo. ROI tracks 12.42% on current figures, and rental yield reads 4.8% at a $630,000 purchase. Equity gained on principal adds $4,065/yr, and 5% annual appreciation supports $174,057 over five years. Five-year ROI reaches 62.5% and total cumulative return in cash sums $129,550. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,520/mo property income instead of your personal income.
Single Family
Built in 1990
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27964, Point Harbor, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3 (100%) |
| Owner Occupied HU | 1 (33.3%) |
| Renter Occupied HU | 2 (66.7%) |
| Vacant Housing Units | 0 |
| Median Home Value | $350,000 |
| Average Home Value | $350,000 |
Housing Distribution
Address Breakdown
Residential
203
Single Family
203
Multi-Family
0
Businesses
78
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Listed by: Heather T Vandermyde • Coldwell Banker Seaside Realty - KDH
Mls Name: OBAR
Mls ID: #131462