1113 Pirates Way #1113ManteoNC27954
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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 $2,761/mo, and a $2,986/mo payment. Purchase price stands at $610,000, and rental yield measures 5.43% with $2,761/mo rent. Return on cash invested shows 14.34% in year one, and 5% annual appreciation builds toward $168,532 over five years. Five-year ROI reaches 72.8% and total cumulative return in cash records $146,107. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,761/mo property income covering a $2,986/mo payment rather than investor’s personal income.
Condo
Built in 1995
N/A lot
$N/A/sqft
No HOA
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Listed by: The Gamiel Team • Pirates Cove Realty
Mls Name: OBAR
Mls Provider:
Mls ID: #129450
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