1803 Sand Dollar Cir #1803Kitty 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 1803 Sand Dollar Cir #1803, Kitty Hawk, NC, 27949 listed at $335,000 pairs $2,681/mo rent with a $1,640/mo payment to leave $639/mo cash flow. Total monthly income runs $2,681/mo, and annual cash flow reaches $7,668/yr on $111,053 cash to close. Return on cash invested measures 26.81% in year one, and rental yield registers 9.6% at a $335,000 basis. Equity gained on principal adds $2,162/yr, and annual property appreciation at 5% supports $92,554 by year five. Five-year ROI tracks 139.74% and total cumulative return in cash totals $155,180. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,681/mo property income relative to a $1,640/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1990
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: Molly A Kundis • RE/MAX Coastal Associates - Outer Banks
Mls Name: OBAR
Mls ID: #131534