113 Tifton Circle, Carteret, NC, 28584 | 4.91% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Carteret at 113 Tifton Circle, Carteret, NC, 28584 priced at $465,000 converts $1,902/mo rent into after a $2,276/mo obligation. Total monthly income equals $1,902/mo. Return on cash invested prints 12.65% in year one, and rental yield reads 4.91% against a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation compiles into $128,471 by year five. Five-year ROI reaches 63.8% and total cumulative return in cash sums $98,351. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,902/mo property income covering a $2,276/mo payment, not borrower’s personal income.

Single Family

Built in 2009

0.49 Acres lot

$N/A/sqft

No HOA