Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Copied
Floor Plan
Copied
Floor Plan
Photo
Unbranded Virtual Tour
Floor Plan
See all photos

$845,000

For Sale - Active
79 Windsor Cir SW, Ocean Isle Beach, NC 28469
4 Beds
3 Baths
3,740 Square Feet
0.50 Acres Lot
Built in 1999
For Sale - Active
Units n/a
Checked: 5 hours ago
Updated: Aug 19, 2025 at 11:07AM

Investment Summary


Monthly Cash Flow
-$1,350
Cap Rate
3.8%
Cash-on-Cash Return
-8.3%
Debt Coverage Ratio
0.66
Internal Rate of Return (5 years)
-4.1%

Property Description


0.50 Acres Lot
Built in 1999
For Sale - Active
Units n/a

Located just minutes from the beaches of Ocean Isle and Sunset Beach, this well-crafted home in the prestigious Ocean Ridge community offers comfort, space, and refined finishes throughout. Solid oak front doors open into a welcoming layout, where a grand foyer with 12-foot ceilings showcases a unique chandelier on a hidden lift for easy maintenance. Built with solid brick construction, the home offers long-term durability and peace of mind, with resistance to fire, pests, and decay. The chef's kitchen features cherry cabinetry, granite counters, a center island, and pantry, flowing into an informal dining area and screened porch with golf course views. The inviting living space, with its stone fireplace that extends floor to ceiling, is filled with natural light and the home is fully wired for an immersive audio experience throughout. The main-level primary suite offers a five-piece bath with double vanities, walk-in shower, soaking tub, and a large walk-in closet. A cozy library nook provides a quiet place to read or work while overlooking the private backyard and fairway. Upstairs includes additional bedrooms, a full bath, and a versatile bonus room - ideal for guests, hobbies, or an office. Smart systems control the thermostat - allowing you to manage the temperature remotely - and the irrigation, which draws from a private well for cost-efficient watering. A new roof was installed in 2022. Enjoy outdoor living from the screened porch or private deck, both offering views of the wooded lot and of the 4th hole of Lion's Paw Golf Course. Ocean Ridge residents enjoy access to four championship golf courses, indoor and outdoor pools, a fitness center, tennis, pickleball, walking trails, and a private oceanfront beach club on Sunset Beach. This well-built home offers thoughtful design, premium finishes, and a prime location.

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Avatar
Avatar
Avatar

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent
Avatar
Avatar
Avatar

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender
Avatar
Avatar
Avatar

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager
Avatar
Avatar
Avatar

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: Off Street, Paved
  • Details: On Site, Paved
  • Garage Spaces: 2
  • Spaces Total: 2

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 3
  • # of Baths (Total): 3.0

Interior Features

  • # of Rooms: 8
  • # of Stories: 2
  • Basement Description: None
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Brick Veneer
  • Roof Type: Hip

HOA

  • Has HOA: Yes
  • Association: CAS
  • HOA Fee: $2,573/annually

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 211KA012
  • Lot Size: 21954 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 1999

Tax Information

  • Annual Tax: $2,907

Utilities

  • Water & Sewer: Public
  • Heating: Propane, Electric, Heat Pump
  • Cooling: Ceiling Fan(s), Central Air

Location

  • County: Brunswick

Listing Details


Listed by:
McNeely Group
Landmark Sotheby's International Realty
(910) 933-2040

Source:
Hive MLS (North Carolina Regional)
MLS#: 100506579
Hive MLS (North Carolina Regional)

Investment Summary


Monthly Cash Flow
-$1,350
Cap Rate
3.8%
Cash-on-Cash Return
-8.3%
Debt Coverage Ratio
0.66
Internal Rate of Return (5 years)
-4.1%

Purchase Details

Find an Agent

Purchase price:
$845,000
Amount financed:
-$676,000
Down payment:
$169,000
Closing costs:
$25,350
Rehab costs:
$0
Initial cash invested:
$194,350
Square feet:
3,740
Cost per square foot:
$226
Monthly rent per square foot:
$1.20

Financing Details

Find a Lender

Loan amount:
$676,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$3,999
Property tax:
$242
Insurance:
$315
Private mortgage insurance (PMI):
$0
Monthly payment:
$4,556

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$4,500 $54,000
Vacancy loss: (6%)
6% -$270 -$3,240
Operating income:
$4,230 $50,760

Operating Expenses


% Rent Monthly Yearly
Property taxes: (5%)
5%-$242-$2,908
Insurance: (7%)
7%-$315-$3,780
Property management: (8%)
8%-$360-$4,320
Repairs & maintenance: (5%)
5%-$225-$2,700
Capital expenditures: (5%)
5%-$225-$2,700
HOA fees: (5%)
5%-$214-$2,568
Total operating expenses: (35%)
35%-$1,581-$18,976

Cash Flow


Monthly Yearly
Net operating income:
$2,649 $31,788
Mortgage payments:
-$3,999 -$47,988
Cash flow:
$1,350 $16,200