105 W Avalon DriveKill Devil HillsNC27948
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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
Rental property for sale in Kill Devil Hills at 105 W Avalon Drive, Kill Devil Hills, NC, 27948 priced at $449,900 converts $2,447/mo rent into after a $2,202/mo obligation. Total monthly income equals $2,447/mo. Return on cash invested prints 17.54% in year one, and rental yield reads 6.53% against a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation compiles into $124,299 by year five. Five-year ROI reaches 90.02% and total cumulative return in cash sums $134,254. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,447/mo property income covering a $2,202/mo payment, not borrower’s personal income.
Single Family
Built in 1960
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27948, Kill Devil Hills, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,396 (100%) |
| Owner Occupied HU | 4,212 (40.5%) |
| Renter Occupied HU | 1,474 (14.2%) |
| Vacant Housing Units | 4,710 (45.3%) |
| Median Home Value | $412,266 |
| Average Home Value | $464,955 |
Housing Distribution
Address Breakdown
Residential
6,568
Single Family
6,568
Multi-Family
0
Businesses
538
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Listed by: Melinda K. Baldwin • Century 21 Nachman
Mls Name: Hive MLS
Mls ID: #100531660