207 Queen Elizabeth Ave APT 19ManteoNC27954
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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 Manteo at 207 Queen Elizabeth Ave APT 19, Manteo, NC, 27954 earns from $2,402/mo rent with a $1,985/mo payment. Total monthly income totals $2,402/mo. ROI tracks 19.29% on current figures, and rental yield reads 7.11% at a $405,500 purchase. Equity gained on principal adds $2,617/yr, and 5% annual appreciation supports $112,032 over five years. Five-year ROI reaches 99.4% and total cumulative return in cash sums $133,611. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,402/mo property income instead of your personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
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Listed by: Audra M Shackelford • The Shackelford Group
Mls Name: OBAR
Mls Provider:
Mls ID: #126992
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