Amherst B Plan, Waterside VillagesCurrituckNC27929
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 Currituck at Amherst B Plan, Waterside Villages, Currituck, NC, 27929 priced at $338,300 converts $2,582/mo rent into $325/mo cash flow after a $1,656/mo obligation. Total monthly income equals $2,582/mo, and annual cash flow totals $3,900/yr on $112,146 invested. Return on cash invested prints 23.39% in year one, and rental yield reads 9.16% against a $338,300 entry. Equity gained on principal adds $2,183/yr, while 5% annual appreciation compiles into $93,466 by year five. Five-year ROI reaches 122.17% and total cumulative return in cash sums $137,005. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,582/mo property income covering a $1,656/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$195 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27929, Currituck, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,212 (100%) |
| Owner Occupied HU | 1,028 (84.8%) |
| Renter Occupied HU | 91 ( 7.5%) |
| Vacant Housing Units | 93 ( 7.7%) |
| Median Home Value | $386,126 |
| Average Home Value | $448,570 |
Housing Distribution
Address Breakdown
Residential
737
Single Family
737
Multi-Family
0
Businesses
35
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Nearby investment properties with comparable prices
Listed by: N/A • SAGA Realty & Construction
Mls Name: SAGA Construction & Development
Mls ID: #N/A