715 W Phillips DriveSwansboroNC28584
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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 Swansboro at 715 W Phillips Drive, Swansboro, NC, 28584 uses $95,969 cash to close to unlock $1,279/yr annual cash flow and $107/mo monthly cash flow. Total monthly income runs $1,871/mo, and a $1,417/mo payment keeps the spread at $107/mo. Purchase price stands at $289,500, and rental yield measures 7.76% with $1,871/mo rent. Return on cash invested shows 21.24% in year one, and 5% annual appreciation builds toward $79,984 over five years. Five-year ROI reaches 109.86% and total cumulative return in cash records $105,435. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,871/mo property income covering a $1,417/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.27 Acres lot
$N/A/sqft
No HOA
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Listed by: Tahseen Muhammad • Coldwell Banker Sea Coast Advantage - Jacksonville
Mls Name: Hive MLS
Mls ID: #100521614