13 Scotland Street, Ocean Isle Beach, NC, 28469 | 3.31% 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 Ocean Isle Beach at 13 Scotland Street, Ocean Isle Beach, NC, 28469 priced at $1,275,000 converts $3,515/mo rent into after a $6,240/mo obligation. Total monthly income equals $3,515/mo. Return on cash invested prints 8.01% in year one, and rental yield reads 3.31% against a $1,275,000 entry. Equity gained on principal adds $8,227/yr, while 5% annual appreciation compiles into $352,259 by year five. Five-year ROI reaches 38.8% and total cumulative return in cash sums $160,286. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,515/mo property income covering a $6,240/mo payment, not borrower’s personal income.

Single Family

Built in 2020

5,662 sqft lot

$N/A/sqft

No HOA