601 Sextant Ct UNIT 601ManteoNC27954
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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 601 Sextant Ct UNIT 601, Manteo, NC, 27954 listed at $545,000 pairs $2,872/mo rent with a $2,668/mo payment. Total monthly income runs $2,872/mo. Return on cash invested measures 17.05% in year one, and rental yield registers 6.32% at a $545,000 basis. Equity gained on principal adds $3,517/yr, and annual property appreciation at 5% supports $150,573 by year five. Five-year ROI tracks 87.34% and total cumulative return in cash totals $156,612. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,872/mo property income relative to a $2,668/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1987
N/A lot
$N/A/sqft
No HOA
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Listed by: Michael Davenport Team • Sun Realty - KDH
Mls Name: OBAR
Mls Provider:
Mls ID: #129182
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