6366 Swainson St SW,Ocean Isle Beach,NC,28469

Investment Highlights

Rental property for sale in Ocean Isle Beach at 6366 Swainson St SW, Ocean Isle Beach, NC, 28469 offers $1,761/mo rent that, after a $1,290/mo payment, leaves $155/mo cash flow. Total monthly income is $1,761/mo, and annual cash flow is $1,858/yr on $87,350 cash. Return on cash invested measures 22.04% in year one, and rental yield stands at 8.02% at a $263,500 entry. Equity gained on principal adds $1,700/yr while 5% annual appreciation compounds into $72,800 by year five. Five-year ROI records 114.12% and total cumulative return in cash reaches $99,684. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,761/mo property income versus a $1,290/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.