360 E First StreetOcean Isle BeachNC28469
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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 Ocean Isle Beach at 360 E First Street, Ocean Isle Beach, NC, 28469 with 5% annual appreciation on a $1,790,000 basis while $3,504/mo rent supports operations. 05% in year one. Equity gained on principal adds $11,551/yr, and five-year appreciation sums $494,544 alongside rental yield of 2.35%. Five-year ROI measures 22.92% and total cumulative return in cash totals $132,940. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,504/mo property income versus a $8,761/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1991
7,405 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: McNeely Group • Landmark Sotheby's International Realty
Mls Name: Hive MLS
Mls ID: #100540283