33 Duck Woods Dr LOT 3Kitty HawkNC27949
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
Investment property for sale in Kitty Hawk at 33 Duck Woods Dr LOT 3, Kitty Hawk, NC, 27949 with 5% annual appreciation on a $649,000 basis while $4,864/mo rent supports operations. Total monthly income totals $4,864/mo and a $3,177/mo payment preserves $908/mo for cash returns. Annual cash flow comes to $10,898/yr on $213,521 deployed, and return on cash invested reaches 25.16% in year one. Equity gained on principal adds $4,188/yr, and five-year appreciation sums $179,307 alongside rental yield of 8.99%. Five-year ROI measures 130.88% and total cumulative return in cash totals $279,456.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,864/mo property income versus a $3,177/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
0.63 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trisha Midgett & Team • Midgett Realty - Rodanthe
Mls Name: OBAR
Mls ID: #129806