165 Launch Landing Rd LOT 3MoyockNC27958
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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 Moyock at 165 Launch Landing Rd LOT 3, Moyock, NC, 27958 listed at $359,900 pairs $2,540/mo rent with a $1,762/mo payment to leave $346/mo cash flow. Total monthly income runs $2,540/mo, and annual cash flow reaches $4,153/yr on $119,307 cash to close. Return on cash invested measures 23.39% in year one, and rental yield registers 8.47% at a $359,900 basis. Equity gained on principal adds $2,322/yr, and annual property appreciation at 5% supports $99,434 by year five. Five-year ROI tracks 121.42% and total cumulative return in cash totals $144,866. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,540/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27958, Moyock, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,131 (100%) |
| Owner Occupied HU | 4,429 (86.3%) |
| Renter Occupied HU | 510 ( 9.9%) |
| Vacant Housing Units | 192 ( 3.7%) |
| Median Home Value | $393,432 |
| Average Home Value | $424,716 |
Housing Distribution
Address Breakdown
Residential
5,380
Single Family
5,380
Multi-Family
0
Businesses
264
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Listed by: The Tammy Shilling Team • Long & Foster Real Estate - Kitty Hawk / OBX
Mls Name: OBAR
Mls ID: #129583