1814 Sea Swept Rd LOT 6Kill 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
Investment property for sale in Kill Devil Hills at 1814 Sea Swept Rd LOT 6, Kill Devil Hills, NC, 27948 offers a 6.77% rental yield on a $514,900 purchase with $2,904/mo rent. 4% in year one. Equity gained on principal adds $3,323/yr while 5% annual appreciation supports $142,257 over five years. Portfolio math shows five-year ROI at 94.64% and total cumulative return in cash at $160,314. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,904/mo property income against a $2,520/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
6,969 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: Beth Dobney Garcia • Coldwell Banker Seaside Realty KH
Mls Name: OBAR
Mls ID: #130623