4225 W Breeze Way Lot 24Nags HeadNC27959
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 Nags Head at 4225 W Breeze Way Lot 24, Nags Head, NC, 27959 offers a 9.1% rental yield on a $649,000 purchase with $4,920/mo rent. Total monthly income registers $4,920/mo, and a $3,177/mo payment leaves $964/mo available for distribution. Annual cash flow reaches $11,570/yr on $213,521 to close, and return on cash invested stands at 25.48% in year one. Equity gained on principal adds $4,188/yr while 5% annual appreciation supports $179,307 over five years. Portfolio math shows five-year ROI at 132.57% and total cumulative return in cash at $283,056. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,920/mo property income against a $3,177/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27959, Nags Head, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,475 (100%) |
| Owner Occupied HU | 1,199 (21.9%) |
| Renter Occupied HU | 294 ( 5.4%) |
| Vacant Housing Units | 3,982 (72.7%) |
| Median Home Value | $493,060 |
| Average Home Value | $578,025 |
Housing Distribution
Address Breakdown
Residential
1,241
Single Family
1,241
Multi-Family
0
Businesses
325
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tim Moore • Joe Lamb, Realty
Mls Name: OBAR
Mls ID: #131644