154 Fearing Pl #60ManteoNC27954
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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 154 Fearing Pl #60, Manteo, NC, 27954 offers a 3.92% rental yield on a $735,000 purchase with $2,400/mo rent. 74% in year one. Equity gained on principal adds $4,743/yr while 5% annual appreciation supports $203,067 over five years. Portfolio math shows five-year ROI at 48.16% and total cumulative return in cash at $116,460. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $3,597/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
N/A lot
$N/A/sqft
No HOA
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Listed by: Bill Zottoli • Coastal Living Realty
Mls Name: OBAR
Mls Provider:
Mls ID: #128712
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