3600 Mandy Ln, Morehead City, NC, 28557 | $1,275/mo Cash Flow

Off market

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Morehead City at 3600 Mandy Ln, Morehead City, NC, 28557 offers a 15.74% rental yield on a $181,598 purchase with $2,382/mo rent. Total monthly income registers $2,382/mo, and a $889/mo payment leaves $1,275/mo available for distribution. Annual cash flow reaches $15,301/yr on $60,200 to close, and return on cash invested stands at 45.33% in year one. Equity gained on principal adds $1,172/yr while 5% annual appreciation supports $50,172 over five years. Portfolio math shows five-year ROI at 239.09% and total cumulative return in cash at $143,930. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,382/mo property income against a $889/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1984

0.50 Acres lot

$N/A/sqft

No HOA