1767 Harborage Drive SW Apt 2,Ocean Isle Beach,NC,28469

Investment Highlights

Investment property for sale in Ocean Isle Beach at 1767 Harborage Drive SW Apt 2, Ocean Isle Beach, NC, 28469 listed at $375,000 pairs $2,346/mo rent with a $1,835/mo payment to leave $61/mo cash flow. Total monthly income runs $2,346/mo, and annual cash flow reaches $732/yr on $124,313 cash to close. Return on cash invested measures 20.5% in year one, and rental yield registers 7.51% at a $375,000 basis. Equity gained on principal adds $2,420/yr, and annual property appreciation at 5% supports $103,606 by year five. Five-year ROI tracks 105.86% and total cumulative return in cash totals $131,595. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,346/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).