63 Ocean Isle West Boulevard UNIT 306Ocean Isle BeachNC28469
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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 Ocean Isle Beach at 63 Ocean Isle West Boulevard UNIT 306, Ocean Isle Beach, NC, 28469 earns from $3,210/mo rent with a $4,317/mo payment. Total monthly income totals $3,210/mo. ROI tracks 7.28% on current figures, and rental yield reads 4.37% at a $882,100 purchase. Equity gained on principal adds $5,692/yr, and 5% annual appreciation supports $243,708 over five years. Five-year ROI reaches 36.36% and total cumulative return in cash sums $105,512. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,210/mo property income instead of your personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
$11,100 annually HOA
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Nearby investment properties with comparable prices
Listed by: Eddy Jones • Coldwell Banker Sloane Realty OIB
Mls Name: Hive MLS
Mls Provider:
Mls ID: #100483668
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 2025-02-22 14:04:05 PST. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 2025-02-22 14:04:05 PST Hive MLS