73 Ocean Blvd LOT 11RKitty HawkNC27949
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
Investment property for sale in Kitty Hawk at 73 Ocean Blvd LOT 11R, Kitty Hawk, NC, 27949 with 5% annual appreciation on a $1,390,000 basis while $4,114/mo rent supports operations. 76% in year one. Equity gained on principal adds $8,969/yr, and five-year appreciation sums $384,031 alongside rental yield of 3.55%. Five-year ROI measures 42.83% and total cumulative return in cash totals $192,876. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,114/mo property income versus a $6,803/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1982
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27949, Kitty Hawk, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,943 (100%) |
| Owner Occupied HU | 3,354 (37.5%) |
| Renter Occupied HU | 513 ( 5.7%) |
| Vacant Housing Units | 5,076 (56.8%) |
| Median Home Value | $609,479 |
| Average Home Value | $682,932 |
Housing Distribution
Address Breakdown
Residential
4,417
Single Family
4,102
Multi-Family
315
Businesses
624
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cameron M Griggs • Coldwell Banker Seaside Realty KH
Mls Name: OBAR
Mls Provider:
Mls ID: #129306
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.