542 Sea Lavender TrlEmerald IsleNC28594
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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 Emerald Isle at 542 Sea Lavender Trl, Emerald Isle, NC, 28594 priced at $442,000 pairs $2,644/mo rent with after a $2,163/mo payment. Total monthly income equals $2,644/mo. Return on cash invested is 19.5% in year one, and rental yield stands at 7.18% on a $442,000 basis. Equity gained on principal adds $2,852/yr, and 5% annual appreciation accumulates to $122,116 by year five. Five-year ROI measures 100.55% and total cumulative return in cash reaches $147,326. For financing, Ziffy Mortgage’s DSCR program evaluates $2,644/mo property income against a $2,163/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1991
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28594, Emerald Isle, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,083 (100%) |
| Owner Occupied HU | 1,611 (22.7%) |
| Renter Occupied HU | 300 ( 4.2%) |
| Vacant Housing Units | 5,172 (73.0%) |
| Median Home Value | $654,716 |
| Average Home Value | $686,816 |
Housing Distribution
Address Breakdown
Residential
2,858
Single Family
2,858
Multi-Family
0
Businesses
282
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Listed by: N/A • N/A
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