1710 Olde Farm RoadMorehead CityNC28557
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Morehead City at 1710 Olde Farm Road, Morehead City, NC, 28557 earns from $4,048/mo rent with a $3,402/mo payment. Total monthly income totals $4,048/mo. ROI tracks 19.07% on current figures, and rental yield reads 6.99% at a $695,000 purchase. Equity gained on principal adds $4,485/yr, and 5% annual appreciation supports $192,016 over five years. Five-year ROI reaches 98.19% and total cumulative return in cash sums $224,526. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,048/mo property income instead of your personal income.
Single Family
Built in 2020
10,018 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Timothy Brooks Jernigan • RE/MAX Ocean Properties
Mls Name: Hive MLS
Mls ID: #100525719