110 Cross Ct LOT 2,Manteo,NC,27954

Investment Highlights

Investment property for sale in Manteo at 110 Cross Ct LOT 2, Manteo, NC, 27954 listed at $395,000 pairs $2,731/mo rent with a $1,933/mo payment to leave $324/mo cash flow. Total monthly income runs $2,731/mo, and annual cash flow reaches $3,888/yr on $130,943 cash to close. Return on cash invested measures 22.88% in year one, and rental yield registers 8.3% at a $395,000 basis. Equity gained on principal adds $2,549/yr, and annual property appreciation at 5% supports $109,131 by year five. Five-year ROI tracks 118.64% and total cumulative return in cash totals $155,346. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,731/mo property income relative to a $1,933/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).