63 Ocean Isle West Boulevard Unit 906Ocean 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
Total monthly income runs $3,631/mo, and a $4,111/mo payment. Purchase price stands at $840,000, and rental yield measures 5.19% with $3,631/mo rent. Return on cash invested shows 9.58% in year one, and 5% annual appreciation builds toward $232,077 over five years. Five-year ROI reaches 48.76% and total cumulative return in cash records $134,750. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,631/mo property income covering a $4,111/mo payment rather than investor’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
$11,100 annually HOA
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Listed by: Frances Warner Real Estate Group • Coldwell Banker Sea Coast Advantage
Mls Name: Hive MLS
Mls Provider:
Mls ID: #100468698
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