142 Magens Way, Cedar Pt, NC, 28584 | 6.9% Rental Yield

For Sale

Airbnb Potential

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 Cedar Pt at 142 Magens Way, Cedar Pt, NC, 28584 offers a 6.9% rental yield on a $599,000 purchase with $3,444/mo rent. 8% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,493 over five years. Portfolio math shows five-year ROI at 96.76% and total cumulative return in cash at $190,678. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,444/mo property income against a $2,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2000

0.47 Acres lot

$N/A/sqft

No HOA