1716 Hunting Harris Ct SW,Ocean Isle Beach,NC,28469

Investment Highlights

Rental property for sale in Ocean Isle Beach at 1716 Hunting Harris Ct SW, Ocean Isle Beach, NC, 28469 priced at $285,200 pairs $2,760/mo rent with $1,022/mo cash flow after a $1,396/mo payment. Total monthly income equals $2,760/mo, and annual cash flow comes to $12,261/yr on $94,544 invested. Return on cash invested is 32.88% in year one, and rental yield stands at 11.61% on a $285,200 basis. Equity gained on principal adds $1,840/yr, and 5% annual appreciation accumulates to $78,796 by year five. Five-year ROI measures 172.27% and total cumulative return in cash reaches $162,873. For financing, Ziffy Mortgage’s DSCR program evaluates $2,760/mo property income against a $1,396/mo payment instead of your W2s, 1099s, or Tax returns.