2 Swan St UNIT 1208Kill Devil HillsNC27948
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play2 Swan St UNIT 1208, Kill Devil Hills, NC, 27948 in Kill Devil Hills is priced for appreciation, not yield. Rental yield 0%. At $510,400 with a 0% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $141,014 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.00) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
Home Type Unknown
Built in N/A
N/A 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Home Type Unknown
Built in N/A
N/A 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A