54 Sailfish Dr LOT 54ManteoNC27954
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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
Rental property for sale in Manteo at 54 Sailfish Dr LOT 54, Manteo, NC, 27954 offers $2,946/mo rent that, after a $3,377/mo payment. Total monthly income is $2,946/mo. Return on cash invested measures 13.41% in year one, and rental yield stands at 5.12% at a $690,000 entry. Equity gained on principal adds $4,452/yr while 5% annual appreciation compounds into $190,634 by year five. Five-year ROI records 67.8% and total cumulative return in cash reaches $153,908. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,946/mo property income versus a $3,377/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
N/A lot
$N/A/sqft
No HOA
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Listed by: Suzanne C Baer • Outer Banks Realty Solutions
Mls Name: OBAR
Mls Provider:
Mls ID: #125002
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.