127 Charles Jenkins Ln WDuckNC27949
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
Rental property for sale in Duck at 127 Charles Jenkins Ln W, Duck, NC, 27949 priced at $990,000 pairs $5,622/mo rent with after a $4,846/mo payment. Total monthly income equals $5,622/mo. Return on cash invested is 18.54% in year one, and rental yield stands at 6.81% on a $990,000 basis. Equity gained on principal adds $6,388/yr, and 5% annual appreciation accumulates to $273,519 by year five. Five-year ROI measures 95.34% and total cumulative return in cash reaches $310,544. For financing, Ziffy Mortgage’s DSCR program evaluates $5,622/mo property income against a $4,846/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
1,306 sqft 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: Mike E Ross • Southern Shores Realty
Mls Name: OBAR
Mls ID: #131258