1762 Whispering Pine St. lot 9- Perry BOcean Isle BeachNC28469
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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
Investment Highlights
Rental property for sale in Ocean Isle Beach at 1762 Whispering Pine St. lot 9- Perry B, Ocean Isle Beach, NC, 28469 generates $2,638/mo in rent and, after a $1,221/mo payment, leaves $1,073/mo in cash flow. Total monthly income is $2,638/mo, and annual cash flow is $12,871/yr on $82,706 invested. Return on cash invested sits at 35.47% in year one, and rental yield is 12.69% on a $249,490 entry. Equity gained on principal adds $1,610/yr, while 5% annual appreciation builds toward $68,929 over five years. Five-year ROI reaches 186.42% and total cumulative return in cash sums $154,182. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,638/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
6,098 sqft lot
$N/A/sqft
$45 monthly HOA
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Listed by: Renee Brown • DR Horton
Mls Name: CCAR
Mls Provider:
Mls ID: #2404332
Disclaimer: Provided courtesy of the Coastal Carolinas MLS. Copyright 2024 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.