322 Fernando St LOT 6ManteoNC27954
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 322 Fernando St LOT 6, Manteo, NC, 27954 earns from $3,554/mo rent with a $4,009/mo payment. Total monthly income totals $3,554/mo. ROI tracks 13.66% on current figures, and rental yield reads 5.21% at a $819,000 purchase. Equity gained on principal adds $5,285/yr, and 5% annual appreciation supports $226,275 over five years. Five-year ROI reaches 69.16% and total cumulative return in cash sums $186,357. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,554/mo property income instead of your personal income.
Single Family
Built in 1920
7,405 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brimage S Silver • Keller Williams - Outer Banks
Mls Name: OBAR
Mls Provider:
Mls ID: #128554
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.