1908 Goose Creek Road SW UNIT 1304Ocean Isle BeachNC28469
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1908 Goose Creek Road SW UNIT 1304, Ocean Isle Beach, NC, 28469 in Ocean Isle Beach earns its strong cash-flow label: 11.37% yield, $3,307/mo rent, $776/mo net income, DSCR 2.11. The $349,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $96,422 by year five. Combined with $3,214/yr in principal paydown, total projected return reaches $183,962.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.4% | 6.2% |
| Monthly Cash Flow | $776 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,307 |
| Total Monthly Debt Service | $2,392 |
| DSCR Ratio | 1.38x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1985
N/A lot
$N/A/sqft
$4,848 annually HOA
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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
Condo
Built in 1985
N/A lot
$N/A/sqft
$4,848 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices