135 S Currituck RdCurrituckNC27929
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 Currituck at 135 S Currituck Rd, Currituck, NC, 27929 priced at $525,000 pairs $3,361/mo rent with $161/mo cash flow after a $2,570/mo payment. Total monthly income equals $3,361/mo, and annual cash flow comes to $1,932/yr on $172,725 invested. Return on cash invested is 21.18% in year one, and rental yield stands at 7.68% on a $525,000 basis. Equity gained on principal adds $3,388/yr, and 5% annual appreciation accumulates to $145,048 by year five. Five-year ROI measures 109.48% and total cumulative return in cash reaches $189,105. For financing, Ziffy Mortgage’s DSCR program evaluates $3,361/mo property income against a $2,570/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
3.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27929, Currituck, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,212 (100%) |
| Owner Occupied HU | 1,028 (84.8%) |
| Renter Occupied HU | 91 ( 7.5%) |
| Vacant Housing Units | 93 ( 7.7%) |
| Median Home Value | $386,126 |
| Average Home Value | $448,570 |
Housing Distribution
Address Breakdown
Residential
737
Single Family
737
Multi-Family
0
Businesses
35
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Nearby investment properties with comparable prices
Listed by: Victoria Plum • Howard Hanna Real Estate Svcs.
Mls Name: REIN Inc.
Mls ID: #10594687