3836 Virginia Dare Trl N #M1Kitty 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 3836 Virginia Dare Trl N #M1, Kitty Hawk, NC, 27949 earns $128/mo cash flow from $3,480/mo rent with a $2,692/mo payment. Total monthly income totals $3,480/mo, and annual cash flow totals $1,536/yr on $180,950 capital. ROI tracks 20.91% on current figures, and rental yield reads 7.59% at a $550,000 purchase. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 over five years. Five-year ROI reaches 108.04% and total cumulative return in cash sums $195,490. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,480/mo property income instead of your personal income.
Townhouse
Built in 1984
1,742 sqft 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: Nicholas Huscroft • Chosen Realty of NC
Mls Name: OBAR
Mls ID: #130933