6322 Swainson Street SW Lot 121 Beckman,Ocean Isle Beach,NC,28469

Investment Highlights

Rental property for sale in Ocean Isle Beach at 6322 Swainson Street SW Lot 121 Beckman, Ocean Isle Beach, NC, 28469 generates $2,760/mo in rent and, after a $1,201/mo payment, leaves $1,265/mo in cash flow. Total monthly income is $2,760/mo, and annual cash flow is $15,174/yr on $81,350 invested. Return on cash invested sits at 38.56% in year one, and rental yield is 13.5% on a $245,400 entry. Equity gained on principal adds $1,584/yr, while 5% annual appreciation builds toward $67,800 over five years. Five-year ROI reaches 202.78% and total cumulative return in cash sums $164,958. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,760/mo property income rather than buyer’s personal income.