601 Viccars Ln #1ManteoNC27954
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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 601 Viccars Ln #1, Manteo, NC, 27954 generates $3,457/mo in rent and, after a $2,765/mo payment, leaves $14/mo in cash flow. Total monthly income is $3,457/mo, and annual cash flow is $168/yr on $185,885 invested. Return on cash invested sits at 20.15% in year one, and rental yield is 7.34% on a $565,000 entry. Equity gained on principal adds $3,646/yr, while 5% annual appreciation builds toward $156,099 over five years. Five-year ROI reaches 103.97% and total cumulative return in cash sums $193,263. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,457/mo property income rather than buyer’s personal income.
Single Family
Built in 2010
7,405 sqft lot
$N/A/sqft
No HOA
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Listed by: Grace E Anlauf • Ocean Pearl Realty LLC
Mls Name: OBAR
Mls ID: #131007