OFF_MARKETRisky Deal25 days on market

1725 Virginia Ave Lot 6

1725 Virginia Ave Lot 6, Kill Devil Hills, NC 27948, Kill Devil Hills, NC 27948
$599,000
Zestimate®:$583,600

Listing Price

Property image 1
1725 Virginia Ave Lot 6, Kill Devil Hills, NC 27948
Loc: Kill Devil Hills, NC
Days Listed
25
Zestimate®
$584k
Market Rate
Lot Size
6,970 sqft
Rent Estimate
$2,601/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.

6

Nags Head Elementary School

PK-5
4.4 mi away
9

First Flight Middle School

6-8
1.9 mi away
7

First Flight High School

9-12
1.6 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
2.86%
Total ROI
21.0%
Cash Flow
$-1,680/mo
DSCR
0.46
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2024-03-08Sold$440,000$530
2024-01-23Contingent$409,000$493
2024-01-19Listed for sale$409,000$493
2018-05-01Sold$220,000$265
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
2
Sq Ft
1,720
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: $599,000Rent Basis: Observed Comp Model ($2,601/mo)State Tax Benchmark: 0.8% (NC)Hazard Reserve: $175/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.86%

NOI: $17,141/yr

Cash-on-Cash Yield
-14.6%

On $137,770 invested

DSCR Ratio
0.46x

Negative debt coverage

5-Yr Leveraged ROI
+21.0%

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)-$399/mo
Homeowner / Hazard Insurance-$175/mo
Vacancy Reserve (5% of rent)-$130/mo
Repairs & Maintenance (10% of rent)-$260/mo
Property Management (8% of rent)-$208/mo
Total Pure Operating Expenses-$1,173/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,601/mo
Less: Operating Expenses-$1,173/mo
Net Operating Income (NOI)+$1,428/mo
Less: Debt Service (30yr @ 6.75%)-$3,108/mo
Net Cash Flow
$-1,680/mo
$-20,156/year
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