174 Fox Drive, Cape Carteret, NC, 28584 | $512/mo Cash Flow

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 Cape Carteret at 174 Fox Drive, Cape Carteret, NC, 28584 priced at $480,000 pairs $3,437/mo rent with $512/mo cash flow after a $2,349/mo payment. Total monthly income equals $3,437/mo, and annual cash flow comes to $6,144/yr on $159,120 invested. Return on cash invested is 23.77% in year one, and rental yield stands at 8.59% on a $480,000 basis. Equity gained on principal adds $3,097/yr, and 5% annual appreciation accumulates to $132,615 by year five. Five-year ROI measures 123.41% and total cumulative return in cash reaches $196,373. For financing, Ziffy Mortgage’s DSCR program evaluates $3,437/mo property income against a $2,349/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1994

0.51 Acres lot

$N/A/sqft

No HOA