758 Sir Walter Raleigh StManteoNC27954
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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
Rental property for sale in Manteo at 758 Sir Walter Raleigh St, Manteo, NC, 27954 priced at $388,500 pairs $2,680/mo rent with $312/mo cash flow after a $1,902/mo payment. Total monthly income equals $2,680/mo, and annual cash flow comes to $3,742/yr on $128,788 invested. Return on cash invested is 22.81% in year one, and rental yield stands at 8.28% on a $388,500 basis. Equity gained on principal adds $2,507/yr, and 5% annual appreciation accumulates to $107,335 by year five. Five-year ROI measures 118.29% and total cumulative return in cash reaches $152,345. For financing, Ziffy Mortgage’s DSCR program evaluates $2,680/mo property income against a $1,902/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2017
N/A lot
$N/A/sqft
No HOA
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Listed by: Bill Zottoli • Coastal Living Realty
Mls Name: OBAR
Mls Provider:
Mls ID: #129297
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.