6306 Swainson St SW,Ocean Isle Beach,NC,28469

Investment Highlights

Investment property for sale in Ocean Isle Beach at 6306 Swainson St SW, Ocean Isle Beach, NC, 28469 offers a 13.88% rental yield on a $238,700 purchase with $2,760/mo rent. Total monthly income registers $2,760/mo, and a $1,168/mo payment leaves $1,306/mo available for distribution. Annual cash flow reaches $15,667/yr on $79,129 to close, and return on cash invested stands at 39.71% in year one. Equity gained on principal adds $1,540/yr while 5% annual appreciation supports $65,948 over five years. Portfolio math shows five-year ROI at 208.92% and total cumulative return in cash at $165,314. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,760/mo property income against a $1,168/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.