207 Queen Elizabeth Ave APT 27ManteoNC27954
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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 27, Manteo, NC, 27954 earns from $2,501/mo rent with a $2,442/mo payment. Total monthly income totals $2,501/mo. ROI tracks 15.99% on current figures, and rental yield reads 6.01% at a $499,000 purchase. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 over five years. Five-year ROI reaches 81.74% and total cumulative return in cash sums $135,210. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,501/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: Daniel E Fenyak • Outer Banks Blue Realty Srvcs.
Mls Name: OBAR
Mls Provider:
Mls ID: #127212
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