311 Lord Granville Drive, Morehead City, NC, 28557 | 7.06% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
2 Bath
1499 sft

6815 Canal Drive, Emerald Isle, NC, 28594

Chowan (Bridge Collection) Plan, Beau Coast West

3 Bed
2 Bath
2234 sft

Chowan (Bridge Collection) Plan, Beau Coast West, Beaufort, NC, 28516

3 Bed
3 Bath
2816 sft

505 Perkins Road, Beaufort, NC, 28516

3 Bed
2 Bath
2251 sft

105 Bogue Harbor Court, Newport, NC, 28570

Nearby investment properties with comparable prices

3 Bed
3 Bath
2193 sft

202 Windswept Lane, Beaufort, NC, 28516

3 Bed
3 Bath
1505 sft

428 Emerald Circle, Emerald Isle, NC, 28594

3 Bed
3 Bath
1491 sft

1505 Salter Path Road UNIT 139, Indian Beach, NC, 28512

3 Bed
3 Bath
1689 sft

214 Great Egret Way, Beaufort, NC, 28516

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $3,817/mo, and a $3,177/mo payment. Purchase price stands at $649,000, and rental yield measures 7.06% with $3,817/mo rent. Return on cash invested shows 19.28% in year one, and 5% annual appreciation builds toward $179,307 over five years. Five-year ROI reaches 99.33% and total cumulative return in cash records $212,088. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,817/mo property income covering a $3,177/mo payment rather than investor’s personal income.

Single Family

Built in 1983

0.74 Acres lot

$N/A/sqft

No HOA