124 Jay Crest Rd #6Kitty 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 124 Jay Crest Rd #6, Kitty Hawk, NC, 27949 earns $192/mo cash flow from $3,092/mo rent with a $2,329/mo payment. Total monthly income totals $3,092/mo, and annual cash flow totals $2,303/yr on $157,761 capital. ROI tracks 21.37% on current figures, and rental yield reads 7.8% at a $475,900 purchase. Equity gained on principal adds $3,071/yr, and 5% annual appreciation supports $131,482 over five years. Five-year ROI reaches 110.53% and total cumulative return in cash sums $174,373. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,092/mo property income instead of your personal income.
Condo
Built in 1985
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: Stacy B Siers • Howard Hanna Outer Banks Realt
Mls Name: OBAR
Mls ID: #131340