111 Skyco Rd LOT 4ManteoNC27954
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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 Manteo at 111 Skyco Rd LOT 4, Manteo, NC, 27954 at $349,900 posts ROI 21.8% with $183/mo cash flow from $2,316/mo rent. Total monthly income equals $2,316/mo, and annual cash flow records $2,197/yr on $115,992 to close. Return on cash invested measures 21.8% and rental yield reads 7.94% at the current $349,900. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 by year five. Five-year ROI prints 112.92% and total cumulative return in cash totals $130,974.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,316/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1986
0.69 Acres lot
$N/A/sqft
No HOA
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Listed by: Edith V Rowe • Brindley Beach Vacations & Sales-Duck
Mls Name: OBAR
Mls Provider:
Mls ID: #128616
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.