173 Creefs Ridge Rd #13, Manteo, NC, 27954 | 4.92% 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

Investment property for sale in Manteo at 173 Creefs Ridge Rd #13, Manteo, NC, 27954 offers a 4.92% rental yield on a $585,000 purchase with $2,400/mo rent. 8% in year one. Equity gained on principal adds $3,775/yr while 5% annual appreciation supports $161,625 over five years. Portfolio math shows five-year ROI at 64.53% and total cumulative return in cash at $124,206. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $2,863/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1974

0.68 Acres lot

$N/A/sqft

No HOA