OFF_MARKETExcellent Deal115 days on market

1977 Colington Road

1977 Colington Road, Kill Devil Hills, NC 27948, Kill Devil Hills, NC 27948
$269,000
Zestimate®:$258,700

Listing Price

Property image 1
1977 Colington Road, Kill Devil Hills, NC 27948
Loc: Kill Devil Hills, NC
Days Listed
115
Tax Assessed
$232k
Zestimate®
$259k
Market Rate
Lot Size
6,970 sqft
Rent Estimate
$2,474/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

4

First Flight Elementary School

PK-5
2.3 mi away
9

First Flight Middle School

6-8
2 mi away
7

First Flight High School

9-12
2.1 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
8.46%
Total ROI
31.9%
Cash Flow
$535/mo
DSCR
1.39
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-14Sold$235,000$187
2026-08-12Pending sale$269,000$214
2026-06-09Price change$269,000$214
2026-04-19Listed for sale$275,000$218
2025-09-08Listing removed$0
2025-07-17Listed for sale$185,000$147
2025-07-05Listing removed$0
2025-07-01Price change$185,000$147
2025-06-09Listed for sale$200,000$159
2025-05-06Listing removed$0
2025-04-19Price change$200,000$159
2025-04-15Price change$205,000$163
2025-03-09Listed for sale$200,000$159
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,259
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $269,000Rent Basis: Observed Comp Model ($2,474/mo)State Tax Benchmark: 0.8% (NC)Hazard Reserve: $100/mo
Haven ScoreGood
7/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
7.36%

NOI: $19,802/yr

Cash-on-Cash Yield
4.9%

On $61,870 invested

DSCR Ratio
1.18x

Tight qualification

5-Yr Leveraged ROI
+118.9%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.8% of basis)-$155/mo
Homeowner / Hazard Insurance-$100/mo
Vacancy Reserve (5% of rent)-$124/mo
Repairs & Maintenance (10% of rent)-$247/mo
Property Management (8% of rent)-$198/mo
Total Pure Operating Expenses-$824/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,474/mo
Less: Operating Expenses-$824/mo
Net Operating Income (NOI)+$1,650/mo
Less: Debt Service (30yr @ 6.75%)-$1,396/mo
Net Cash Flow
$254/mo
$3,053/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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