1053 Creek Rd LOT 14Kitty HawkNC27949
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1053 Creek Rd LOT 14, Kitty Hawk, NC, 27949 earns from $2,734/mo rent with a $6,604/mo payment. Total monthly income totals $2,734/mo. ROI tracks 5.3% on current figures, and rental yield reads 2.43% at a $1,349,300 purchase. Equity gained on principal adds $8,707/yr, and 5% annual appreciation supports $372,787 over five years. Five-year ROI reaches 24.29% and total cumulative return in cash sums $106,178. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,734/mo property income instead of your personal income.
Single Family
Built in 2025
1.78 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica B Evans • Luxury Realty Outer Banks
Mls Name: OBAR
Mls ID: #129768