57194 M V Australia LnHatterasNC27943
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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 Hatteras at 57194 M V Australia Ln, Hatteras, NC, 27943 offers a 10.63% rental yield on a $399,000 purchase with $3,534/mo rent. Total monthly income registers $3,534/mo, and a $1,953/mo payment leaves $1,102/mo available for distribution. Annual cash flow reaches $13,226/yr on $132,269 to close, and return on cash invested stands at 29.91% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 156.37% and total cumulative return in cash at $206,822. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,534/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27943, Hatteras, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 849 (100%) |
| Owner Occupied HU | 217 (25.6%) |
| Renter Occupied HU | 45 ( 5.3%) |
| Vacant Housing Units | 587 (69.1%) |
| Median Home Value | $503,440 |
| Average Home Value | $517,396 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
63
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Listed by: Carla S Reynolds • NC 12 Realty
Mls Name: OBAR
Mls ID: #129559