58229 Dunes Dr #6HatterasNC27943
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
Rental property for sale in Hatteras at 58229 Dunes Dr #6, Hatteras, NC, 27943 generates $6,840/mo in rent and, after a $3,915/mo payment, leaves $1,965/mo in cash flow. Total monthly income is $6,840/mo, and annual cash flow is $23,581/yr on $263,167 invested. Return on cash invested sits at 29.02% in year one, and rental yield is 10.26% on a $799,900 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation builds toward $220,998 over five years. Five-year ROI reaches 151.56% and total cumulative return in cash sums $398,844. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,840/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
0.31 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: Jennifer M Paddock • Brindley Beach Vacations & Sales - Frisco
Mls Name: OBAR
Mls ID: #130710