1404 Shackleford Street, Morehead City, NC, 28557 | 2.18% 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 Morehead City at 1404 Shackleford Street, Morehead City, NC, 28557 generates $1,579/mo in rent, after a $4,256/mo payment. Total monthly income is $1,579/mo. Return on cash invested sits at 4.45% in year one, and rental yield is 2.18% on a $869,500 entry. Equity gained on principal adds $5,611/yr, while 5% annual appreciation builds toward $240,227 over five years. Five-year ROI reaches 19.8% and total cumulative return in cash sums $56,652. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,579/mo property income rather than buyer’s personal income.

Single Family

Built in 1945

6,098 sqft lot

$N/A/sqft

No HOA