1249 N Highway 64/264 #1ManteoNC27954
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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 1249 N Highway 64/264 #1, Manteo, NC, 27954 offers a 6.77% rental yield on a $549,000 purchase with $3,097/mo rent. 41% in year one. Equity gained on principal adds $3,543/yr while 5% annual appreciation supports $151,679 over five years. Portfolio math shows five-year ROI at 94.65% and total cumulative return in cash at $170,960. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,097/mo property income against a $2,687/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.67 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Trisha Midgett & Team • Midgett Realty - Rodanthe
Mls Name: OBAR
Mls Provider:
Mls ID: #129575
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