87 Pickett WaySwansboroNC28584
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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 Swansboro at 87 Pickett Way, Swansboro, NC, 28584 priced at $424,900 pairs $2,644/mo rent with $37/mo cash flow after a $2,080/mo payment. Total monthly income equals $2,644/mo, and annual cash flow comes to $449/yr on $140,854 invested. Return on cash invested is 20.23% in year one, and rental yield stands at 7.47% on a $424,900 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,392 by year five. Five-year ROI measures 104.49% and total cumulative return in cash reaches $147,177. For financing, Ziffy Mortgage’s DSCR program evaluates $2,644/mo property income against a $2,080/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
0.42 Acres lot
$N/A/sqft
$200 annually HOA
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Listed by: Mary Cheatham King Real Estate team • Keller Williams Crystal Coast
Mls Name: Hive MLS
Mls Provider:
Mls ID: #100474676
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 2024-10-17 08:18:46 PDT. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. 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. 2024-10-17 08:18:46 PDT Hive MLS