1800 Hunting Harris Ct SW,Ocean Isle Beach,NC,28469

Investment Highlights

Investment property for sale in Ocean Isle Beach at 1800 Hunting Harris Ct SW, Ocean Isle Beach, NC, 28469 listed at $288,200 pairs $2,760/mo rent with a $1,411/mo payment to leave $1,003/mo cash flow. Total monthly income runs $2,760/mo, and annual cash flow reaches $12,038/yr on $95,538 cash to close. Return on cash invested measures 32.51% in year one, and rental yield registers 11.49% at a $288,200 basis. Equity gained on principal adds $1,860/yr, and annual property appreciation at 5% supports $79,624 by year five. Five-year ROI tracks 170.33% and total cumulative return in cash totals $162,735. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,760/mo property income relative to a $1,411/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).