6294 Swainson St SW,Ocean Isle Beach,NC,28469

Investment Highlights

Investment property for sale in Ocean Isle Beach at 6294 Swainson St SW, Ocean Isle Beach, NC, 28469 listed at $260,600 pairs $2,580/mo rent with a $1,276/mo payment to leave $991/mo cash flow. Total monthly income runs $2,580/mo, and annual cash flow reaches $11,895/yr on $86,389 cash to close. Return on cash invested measures 33.68% in year one, and rental yield registers 11.88% at a $260,600 basis. Equity gained on principal adds $1,682/yr, and annual property appreciation at 5% supports $71,999 by year five. Five-year ROI tracks 176.59% and total cumulative return in cash totals $152,558. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,580/mo property income relative to a $1,276/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).