1309 Fathom WayMorehead CityNC28557
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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 Morehead City at 1309 Fathom Way, Morehead City, NC, 28557 earns from $4,645/mo rent with a $4,160/mo payment. Total monthly income totals $4,645/mo. ROI tracks 17.44% on current figures, and rental yield reads 6.56% at a $849,900 purchase. Equity gained on principal adds $5,484/yr, and 5% annual appreciation supports $234,812 over five years. Five-year ROI reaches 89.59% and total cumulative return in cash sums $250,502. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,645/mo property income instead of your personal income.
Single Family
Built in 2025
0.24 Acres lot
$N/A/sqft
$75 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anthony Dufrene • Anthony Dufrene
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4290454
Disclaimer: Based on information submitted to the MLS GRID as of 2025-08-10 17:42:56 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#87)