57390 Lighthouse Rd LOT 30HatterasNC27943
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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 57390 Lighthouse Rd LOT 30, Hatteras, NC, 27943 listed at $1,015,000 pairs $9,875/mo rent with a $4,968/mo payment to leave $3,689/mo cash flow. Total monthly income runs $9,875/mo, and annual cash flow reaches $44,268/yr on $328,860 cash to close. Return on cash invested measures 33.83% in year one, and rental yield registers 11.67% at a $1,015,000 basis. Equity gained on principal adds $6,550/yr, and annual property appreciation at 5% supports $280,426 by year five. Five-year ROI tracks 177.27% and total cumulative return in cash totals $582,969. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $9,875/mo property income relative to a $4,968/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
0.51 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: Trisha Midgett & Team • Midgett Realty - Rodanthe
Mls Name: OBAR
Mls Provider:
Mls ID: #129550
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