201 W 4th St LOT 1Kill 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 201 W 4th St LOT 1, Kill Devil Hills, NC, 27948 listed at $629,900 pairs $3,301/mo rent with a $3,083/mo payment. Total monthly income runs $3,301/mo. Return on cash invested measures 16.95% in year one, and rental yield registers 6.29% at a $629,900 basis. Equity gained on principal adds $4,065/yr, and annual property appreciation at 5% supports $174,030 by year five. Five-year ROI tracks 86.81% and total cumulative return in cash totals $179,907. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,301/mo property income relative to a $3,083/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
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
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Listed by: Timothy E Lancsek • Surfside Realty
Mls Name: OBAR
Mls ID: #130754