313 Sir Chandler Dr LOT 106Kill Devil HillsNC27948
Nearby investment properties with comparable rents
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
Investment Highlights
Rental property for sale in Kill Devil Hills at 313 Sir Chandler Dr LOT 106, Kill Devil Hills, NC, 27948 generates $3,540/mo in rent and, after a $2,447/mo payment, leaves $493/mo in cash flow. Total monthly income is $3,540/mo, and annual cash flow is $5,916/yr on $165,745 invested. Return on cash invested sits at 23.48% in year one, and rental yield is 8.5% on a $499,985 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,137 over five years. Five-year ROI reaches 121.88% and total cumulative return in cash sums $202,011. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,540/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
7,405 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Colleen R Shriver • Century 21 Nachman Realty
Mls Name: OBAR
Mls ID: #130443