102 Angler Way UNIT 2Kitty HawkNC27949
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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 Kitty Hawk at 102 Angler Way UNIT 2, Kitty Hawk, NC, 27949 earns $218/mo cash flow from $2,016/mo rent with a $1,444/mo payment. Total monthly income totals $2,016/mo, and annual cash flow totals $2,616/yr on $97,793 capital. ROI tracks 22.58% on current figures, and rental yield reads 8.2% at a $295,000 purchase. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 over five years. Five-year ROI reaches 117.05% and total cumulative return in cash sums $114,470. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,016/mo property income instead of your personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27949, Kitty Hawk, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,943 (100%) |
| Owner Occupied HU | 3,354 (37.5%) |
| Renter Occupied HU | 513 ( 5.7%) |
| Vacant Housing Units | 5,076 (56.8%) |
| Median Home Value | $609,479 |
| Average Home Value | $682,932 |
Housing Distribution
Address Breakdown
Residential
4,417
Single Family
4,102
Multi-Family
315
Businesses
624
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Listed by: Lauren Rickard • Coldwell Banker Seaside Realty KH
Mls Name: OBAR
Mls ID: #131168