6351 Swainson Street SW lot 97 NewlinOcean 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 6351 Swainson Street SW lot 97 Newlin, Ocean Isle Beach, NC, 28469 offers a 11.52% rental yield on a $287,600 purchase with $2,760/mo rent. Total monthly income registers $2,760/mo, and a $1,408/mo payment leaves $946/mo available for distribution. Annual cash flow reaches $11,351/yr on $95,339 to close, and return on cash invested stands at 31.81% in year one. Equity gained on principal adds $1,856/yr while 5% annual appreciation supports $79,459 over five years. Portfolio math shows five-year ROI at 166.84% and total cumulative return in cash at $159,067. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,760/mo property income against a $1,408/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
7,405 sqft lot
$N/A/sqft
$61 monthly HOA
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Listed by: Heide A Black • Lennar Carolinas LLC
Mls Name: CCAR
Mls Provider:
Mls ID: #2514022
Disclaimer: Provided courtesy of the Coastal Carolinas MLS. Copyright 2025 of the Coastal Carolinas MLS. All rights reserved. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Coastal Carolinas MLS.