644 S Fort Fisher Boulevard UNIT 2Kure BeachNC28449
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSteady, low-maintenance, and fundable: 644 S Fort Fisher Boulevard UNIT 2, Kure Beach, NC, 28449 in Kure Beach at $920,000. Rental yield 7.67%. The 7.67% yield and 1.42 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $254,179 by year five, and $8,473/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $299,956.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 6.2% |
| Monthly Cash Flow | $(828) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $5,879 |
| Total Monthly Debt Service | $6,341 |
| DSCR Ratio | 0.93x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2005
N/A lot
$N/A/sqft
$13,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28449, Kure Beach, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,870 (100%) |
| Owner Occupied HU | 757 (40.5%) |
| Renter Occupied HU | 179 ( 9.6%) |
| Vacant Housing Units | 934 (49.9%) |
| Median Home Value | $645,906 |
| Average Home Value | $687,903 |
Housing Distribution
Address Breakdown
Residential
965
Single Family
965
Multi-Family
0
Businesses
79
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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
Condo
Built in 2005
N/A lot
$N/A/sqft
$13,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28449, Kure Beach, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,870 (100%) |
| Owner Occupied HU | 757 (40.5%) |
| Renter Occupied HU | 179 ( 9.6%) |
| Vacant Housing Units | 934 (49.9%) |
| Median Home Value | $645,906 |
| Average Home Value | $687,903 |
Housing Distribution
Address Breakdown
Residential
965
Single Family
965
Multi-Family
0
Businesses
79
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices