807 South St LOT 11ManteoNC27954
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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 Manteo at 807 South St LOT 11, Manteo, NC, 27954 uses $128,954 cash to close to unlock $758/yr annual cash flow and $63/mo monthly cash flow. Total monthly income runs $2,434/mo, and a $1,904/mo payment keeps the spread at $63/mo. Purchase price stands at $389,000, and rental yield measures 7.51% with $2,434/mo rent. Return on cash invested shows 20.5% in year one, and 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 105.89% and total cumulative return in cash records $136,554. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,434/mo property income covering a $1,904/mo payment rather than investor’s personal income.
Single Family
Built in 1900
4,791 sqft lot
$N/A/sqft
No HOA
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Listed by: Emily Bray • Coldwell Banker Seaside Realty KH
Mls Name: OBAR
Mls Provider:
Mls ID: #129113
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