149 Etheridge RdManteoNC27954
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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 Manteo at 149 Etheridge Rd, Manteo, NC, 27954 with 5% annual appreciation on a $450,000 basis while $2,923/mo rent supports operations. Total monthly income totals $2,923/mo and a $2,203/mo payment preserves $180/mo for cash returns. Annual cash flow comes to $2,160/yr on $149,175 deployed, and return on cash invested reaches 21.36% in year one. Equity gained on principal adds $2,904/yr, and five-year appreciation sums $124,327 alongside rental yield of 7.79%. Five-year ROI measures 110.47% and total cumulative return in cash totals $164,790.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,923/mo property income versus a $2,203/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2013
0.48 Acres lot
$N/A/sqft
No HOA
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Listed by: Emily Bray • Coldwell Banker Seaside Realty KH
Mls Name: OBAR
Mls Provider:
Mls ID: #127080
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