41 Hooker RdWancheseNC27981
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 41 Hooker Rd, Wanchese, NC, 27981 in Wanchese is listed at $139,900 and delivers $1,116/mo in rent and $263/mo in net monthly cash flow. The 9.57% yield and 1.77 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $38,652 over five years, and $1,288/yr in principal reduction supplements cash return. Total projected cumulative return: $69,988.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.2% |
| Monthly Cash Flow | $263 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,116 |
| Total Monthly Debt Service | $797 |
| DSCR Ratio | 1.40x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1996
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27981, Wanchese, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 739 (100%) |
| Owner Occupied HU | 483 (65.4%) |
| Renter Occupied HU | 183 (24.8%) |
| Vacant Housing Units | 73 ( 9.9%) |
| Median Home Value | $328,107 |
| Average Home Value | $351,180 |
Housing Distribution
Address Breakdown
Residential
359
Single Family
359
Multi-Family
0
Businesses
91
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
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
Manufactured
Built in 1996
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27981, Wanchese, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 739 (100%) |
| Owner Occupied HU | 483 (65.4%) |
| Renter Occupied HU | 183 (24.8%) |
| Vacant Housing Units | 73 ( 9.9%) |
| Median Home Value | $328,107 |
| Average Home Value | $351,180 |
Housing Distribution
Address Breakdown
Residential
359
Single Family
359
Multi-Family
0
Businesses
91
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: N/A • N/A
Mls Name: OBAR
Mls Provider:
Mls ID: #133729