4202 Sailfish Dr #4202ManteoNC27954
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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 Manteo at 4202 Sailfish Dr #4202, Manteo, NC, 27954 listed at $669,999 pairs $2,762/mo rent with a $3,279/mo payment. Total monthly income runs $2,762/mo. Return on cash invested measures 12.87% in year one, and rental yield registers 4.95% at a $669,999 basis. Equity gained on principal adds $4,323/yr, and annual property appreciation at 5% supports $185,108 by year five. Five-year ROI tracks 64.92% and total cumulative return in cash totals $143,105. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,762/mo property income relative to a $3,279/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1998
N/A lot
$N/A/sqft
No HOA
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Listed by: Matthew W Huband • OBX Realty Group, LLC
Mls Name: OBAR
Mls Provider:
Mls ID: #125166
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.