58822 Marina Way #215HatterasNC27943
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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 58822 Marina Way #215, Hatteras, NC, 27943 earns $522/mo cash flow from $1,741/mo rent with a $979/mo payment. Total monthly income totals $1,741/mo, and annual cash flow totals $6,264/yr on $66,300 capital. ROI tracks 29.36% on current figures, and rental yield reads 10.45% at a $200,000 purchase. Equity gained on principal adds $1,291/yr, and 5% annual appreciation supports $55,256 over five years. Five-year ROI reaches 153.37% and total cumulative return in cash sums $101,684. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,741/mo property income instead of your personal income.
Condo
Built in 1996
N/A 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: Sylvia A Mattingly • Colony Realty Corp - Frisco
Mls Name: OBAR
Mls Provider:
Mls ID: #126885
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.