1402 Olde Farm Road, Morehead City, NC, 28557 | 3.74% 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

Investment property for sale in Morehead City at 1402 Olde Farm Road, Morehead City, NC, 28557 offers a 3.74% rental yield on a $875,000 purchase with $2,728/mo rent. 2% in year one. Equity gained on principal adds $5,646/yr while 5% annual appreciation supports $241,746 over five years. Portfolio math shows five-year ROI at 45.25% and total cumulative return in cash at $130,271. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,728/mo property income against a $4,283/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2022

0.44 Acres lot

$N/A/sqft

No HOA