1788 SW Whispering Pine St. #1788 Whispering Pine St SW,Ocean Isle Beach,NC,28469

Investment Highlights

Investment property for sale in Ocean Isle Beach at 1788 SW Whispering Pine St. #1788 Whispering Pine St SW, Ocean Isle Beach, NC, 28469 listed at $244,999 pairs $2,240/mo rent with a $1,199/mo payment to leave $747/mo cash flow. Total monthly income runs $2,240/mo, and annual cash flow reaches $8,964/yr on $81,217 cash to close. Return on cash invested measures 30.95% in year one, and rental yield registers 10.97% at a $244,999 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 161.89% and total cumulative return in cash totals $131,484. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,240/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).