22 Widgeon Ct LOT 22Kitty 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 22 Widgeon Ct LOT 22, Kitty Hawk, NC, 27949 with 5% annual appreciation on a $549,999 basis while $3,480/mo rent supports operations. Total monthly income totals $3,480/mo and a $2,692/mo payment preserves $128/mo for cash returns. Annual cash flow comes to $1,536/yr on $180,950 deployed, and return on cash invested reaches 20.91% in year one. Equity gained on principal adds $3,549/yr, and five-year appreciation sums $151,955 alongside rental yield of 7.59%. Five-year ROI measures 108.04% and total cumulative return in cash totals $195,489.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,480/mo property income versus a $2,692/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1994
0.46 Acres 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: Heather T Vandermyde • Coldwell Banker Seaside Realty - KDH
Mls Name: OBAR
Mls Provider:
Mls ID: #128738
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.