901 S Bay Club Dr UNIT 901ManteoNC27954
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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 901 S Bay Club Dr UNIT 901, Manteo, NC, 27954 earns from $2,778/mo rent with a $2,932/mo payment. Total monthly income totals $2,778/mo. ROI tracks 14.75% on current figures, and rental yield reads 5.57% at a $599,000 purchase. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 over five years. Five-year ROI reaches 75.01% and total cumulative return in cash sums $147,826. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,778/mo property income instead of your personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
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Listed by: Heather Sakers • Coldwell Banker Seaside Realty KH
Mls Name: OBAR
Mls Provider:
Mls ID: #128111
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