1082 Lighthouse Dr LOT 18CorollaNC27927
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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 Corolla at 1082 Lighthouse Dr LOT 18, Corolla, NC, 27927 listed at $1,249,000 pairs $3,780/mo rent with a $6,113/mo payment. Total monthly income runs $3,780/mo. Return on cash invested measures 9.01% in year one, and rental yield registers 3.63% at a $1,249,000 basis. Equity gained on principal adds $8,060/yr, and annual property appreciation at 5% supports $345,076 by year five. Five-year ROI tracks 44.16% and total cumulative return in cash totals $178,715. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,780/mo property income relative to a $6,113/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
0.46 Acres 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: Edith V Rowe • Brindley Beach Vacations & Sales-Duck
Mls Name: OBAR
Mls ID: #131352