6359 Swainson St SW,Ocean Isle Beach,NC,28469

Investment Highlights

Investment property for sale in Ocean Isle Beach at 6359 Swainson St SW, Ocean Isle Beach, NC, 28469 offers a 10.82% rental yield on a $286,200 purchase with $2,580/mo rent. Total monthly income registers $2,580/mo, and a $1,401/mo payment leaves $836/mo available for distribution. Annual cash flow reaches $10,027/yr on $94,875 to close, and return on cash invested stands at 30.48% in year one. Equity gained on principal adds $1,847/yr while 5% annual appreciation supports $79,072 over five years. Portfolio math shows five-year ROI at 159.4% and total cumulative return in cash at $151,235. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,580/mo property income against a $1,401/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.