46 Ballast Point Dr LOT 46ManteoNC27954
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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 46 Ballast Point Dr LOT 46, Manteo, NC, 27954 projects strong ROI of 4.63%. Rental yield 2.21%. With 5% annual appreciation, the property builds $656,169 in value over five years. Equity growth combined delivers a projected five-year ROI of 20.66%, translating into $158,998 in total cumulative return on $769,500 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2002
0.32 Acres lot
$N/A/sqft
No HOA
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Listed by: Elizabeth Cloninger • Pirates Cove Realty
Mls Name: OBAR
Mls Provider:
Mls ID: #128955
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.