627 Sand Fiddler Cir UNIT B-1CorollaNC27927
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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 Corolla at 627 Sand Fiddler Cir UNIT B-1, Corolla, NC, 27927 listed at $389,500 pairs $1,699/mo rent with a $1,906/mo payment. Total monthly income runs $1,699/mo. Return on cash invested measures 13.64% in year one, and rental yield registers 5.23% at a $389,500 basis. Equity gained on principal adds $2,513/yr, and annual property appreciation at 5% supports $107,612 by year five. Five-year ROI tracks 69.11% and total cumulative return in cash totals $89,239. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,699/mo property income relative to a $1,906/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27927, Corolla, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,285 (100%) |
| Owner Occupied HU | 683 (12.9%) |
| Renter Occupied HU | 91 ( 1.7%) |
| Vacant Housing Units | 4,511 (85.4%) |
| Median Home Value | $612,374 |
| Average Home Value | $647,445 |
Housing Distribution
Address Breakdown
Residential
800
Single Family
799
Multi-Family
1
Businesses
148
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Listed by: Catherine B Strachan • Brindley Beach Vacations & Sales-Duck
Mls Name: OBAR
Mls ID: #131454