590 Washington St LOT 6ManteoNC27954
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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 590 Washington St LOT 6, Manteo, NC, 27954 earns from $2,400/mo rent with a $2,056/mo payment. Total monthly income totals $2,400/mo. ROI tracks 18.53% on current figures, and rental yield reads 6.86% at a $420,000 purchase. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,038 over five years. Five-year ROI reaches 95.31% and total cumulative return in cash sums $132,703. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,400/mo property income instead of your personal income.
Single Family
Built in 2025
1,306 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Jessica Arnn • AtCoastal LLC
Mls Name: OBAR
Mls ID: #131182