206 Tatem St LOT 75Knotts IslandNC27950
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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
Investment Highlights
Investment property for sale in Knotts Island at 206 Tatem St LOT 75, Knotts Island, NC, 27950 listed at $329,900 pairs $2,636/mo rent with a $1,615/mo payment to leave $625/mo cash flow. Total monthly income runs $2,636/mo, and annual cash flow reaches $7,501/yr on $109,362 cash to close. Return on cash invested measures 26.77% in year one, and rental yield registers 9.59% at a $329,900 basis. Equity gained on principal adds $2,129/yr, and annual property appreciation at 5% supports $91,145 by year five. Five-year ROI tracks 139.54% and total cumulative return in cash totals $152,607. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,636/mo property income relative to a $1,615/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27950, Knotts Island, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 998 (100%) |
| Owner Occupied HU | 745 (74.6%) |
| Renter Occupied HU | 113 (11.3%) |
| Vacant Housing Units | 140 (14.0%) |
| Median Home Value | $262,059 |
| Average Home Value | $282,020 |
Housing Distribution
Address Breakdown
Residential
842
Single Family
842
Multi-Family
0
Businesses
21
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Listed by: Kim Old • BHHS RW Towne Realty - Moyock
Mls Name: OBAR
Mls Provider:
Mls ID: #128508
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