3905 Guardian Ave APT I-38, Morehead City, NC, 28557 | $453/mo Cash Flow

For Sale

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 3905 Guardian Ave APT I-38, Morehead City, NC, 28557 offers a 10.33% rental yield on a $180,000 purchase with $1,550/mo rent. Total monthly income registers $1,550/mo, and a $881/mo payment leaves $453/mo available for distribution. Annual cash flow reaches $5,436/yr on $59,670 to close, and return on cash invested stands at 29.02% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Portfolio math shows five-year ROI at 151.56% and total cumulative return in cash at $90,437. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,550/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1980

N/A lot

$N/A/sqft

No HOA