1056 Beacon Hill Dr LOT 15CorollaNC27927
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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 Corolla at 1056 Beacon Hill Dr LOT 15, Corolla, NC, 27927 earns $1,121/mo cash flow from $6,905/mo rent with a $4,645/mo payment. Total monthly income totals $6,905/mo, and annual cash flow totals $13,454/yr on $312,221 capital. ROI tracks 24.37% on current figures, and rental yield reads 8.73% at a $949,000 purchase. Equity gained on principal adds $6,124/yr, and 5% annual appreciation supports $262,191 over five years. Five-year ROI reaches 126.61% and total cumulative return in cash sums $395,316. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,905/mo property income instead of your personal income.
Single Family
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27927, Corolla, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,285 (100%) |
| Owner Occupied HU | 683 (12.9%) |
| Renter Occupied HU | 91 ( 1.7%) |
| Vacant Housing Units | 4,511 (85.4%) |
| Median Home Value | $612,374 |
| Average Home Value | $647,445 |
Housing Distribution
Address Breakdown
Residential
800
Single Family
799
Multi-Family
1
Businesses
148
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Listed by: OBX Homes Team • OBX Homes
Mls Name: OBAR
Mls ID: #131442