173 Boardwalk AveEmerald IsleNC28594
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 Emerald Isle at 173 Boardwalk Ave, Emerald Isle, NC, 28594 at $169,900 posts ROI 25.6% with $267/mo cash flow from $1,303/mo rent. Total monthly income equals $1,303/mo, and annual cash flow records $3,205/yr on $56,322 to close. Return on cash invested measures 25.6% and rental yield reads 9.2% at the current $169,900. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 by year five. Five-year ROI prints 133.34% and total cumulative return in cash totals $75,098.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,303/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28594, Emerald Isle, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,083 (100%) |
| Owner Occupied HU | 1,611 (22.7%) |
| Renter Occupied HU | 300 ( 4.2%) |
| Vacant Housing Units | 5,172 (73.0%) |
| Median Home Value | $654,716 |
| Average Home Value | $686,816 |
Housing Distribution
Address Breakdown
Residential
2,858
Single Family
2,858
Multi-Family
0
Businesses
282
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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