336 Tooley Street,Belhaven,NC,27810

Investment Highlights

Rental property for sale in Belhaven at 336 Tooley Street, Belhaven, NC, 27810 priced at $1,200,000 converts $2,978/mo rent into after a $5,873/mo obligation. Total monthly income equals $2,978/mo. Return on cash invested prints 6.99% in year one, and rental yield reads 2.98% against a $1,200,000 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation compiles into $331,538 by year five. Five-year ROI reaches 33.33% and total cumulative return in cash sums $129,599. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,978/mo property income covering a $5,873/mo payment, not borrower’s personal income.