1085 Keepers Way LOT 6BCorollaNC27927
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 Corolla at 1085 Keepers Way LOT 6B, Corolla, NC, 27927 uses $236,847 cash to close to unlock $1,213/yr annual cash flow and $101/mo monthly cash flow. Total monthly income runs $4,489/mo, and a $3,524/mo payment keeps the spread at $101/mo. Purchase price stands at $719,900, and rental yield measures 7.48% with $4,489/mo rent. Return on cash invested shows 20.57% in year one, and 5% annual appreciation builds toward $198,895 over five years. Five-year ROI reaches 106.26% and total cumulative return in cash records $251,663. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,489/mo property income covering a $3,524/mo payment rather than investor’s personal income.
Townhouse
Built in 2014
1,742 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Missi Dermatas • Outer Banks Realty Group
Mls Name: OBAR
Mls ID: #131002