1602 Settlers Way #81, Ocean Isle Beach, NC, 28469 | 6.7% 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 Ocean Isle Beach at 1602 Settlers Way #81, Ocean Isle Beach, NC, 28469 generates $2,760/mo in rent, after a $2,418/mo payment. Total monthly income is $2,760/mo. Return on cash invested sits at 18.07% in year one, and rental yield is 6.7% on a $494,000 entry. Equity gained on principal adds $3,188/yr, while 5% annual appreciation builds toward $136,483 over five years. Five-year ROI reaches 92.88% and total cumulative return in cash sums $152,108. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,760/mo property income rather than buyer’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA