1783 Hunting Harris Ct #28,Ocean Isle Beach,NC,28469

Investment Highlights

Investment property for sale in Ocean Isle Beach at 1783 Hunting Harris Ct #28, Ocean Isle Beach, NC, 28469 offers a 11.37% rental yield on a $284,900 purchase with $2,700/mo rent. Total monthly income registers $2,700/mo, and a $1,394/mo payment leaves $964/mo available for distribution. Annual cash flow reaches $11,569/yr on $94,444 to close, and return on cash invested stands at 32.16% in year one. Equity gained on principal adds $1,838/yr while 5% annual appreciation supports $78,713 over five years. Portfolio math shows five-year ROI at 168.45% and total cumulative return in cash at $159,095. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,700/mo property income against a $1,394/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.