FOR_SALERisky Deal47 days on market

309 W Durham Street

309 W Durham Street, Kill Devil Hills, NC 27948, Kill Devil Hills, NC 27948
$459,700
Zestimate®:$452,900

Listing Price

Property image 1
309 W Durham Street, Kill Devil Hills, NC 27948
Loc: Kill Devil Hills, NC
Days Listed
47
Tax Assessed
$495k
Zestimate®
$453k
Market Rate
Lot Size
4,792 sqft
Rent Estimate
$2,613/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
4.8 mi away
9

First Flight Middle School

6-8
2.3 mi away
7

First Flight High School

9-12
2 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
4.74%
Total ROI
13.4%
Cash Flow
$-509/mo
DSCR
0.78
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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
2026-09-10Price change$459,700$302
2026-08-25Price change$478,900$314
2026-07-30Price change$499,900$328
2026-06-27Listed for sale$519,000$341

Tax History

YearProperty TaxTax Assessment
2025$2,689.93$495,200
2024$2,155.45$285,300
2023$2,155.45$285,300
2022$2,055.59$285,300
2021$2,055.59$285,300
2020$2,055.59$285,300
2019$1,726.95$198,500
2018$1,689.04$198,500
2017$1,689.04$198,500
2016$1,665.27$198,500
2014$1,603.66$198,500
2012$0$250,900
2011$0$250,900
2010$0$250,900
2009$0$250,900
2008$0$250,900
2007$0$250,900
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,524
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: $459,700Rent Basis: Observed Comp Model ($2,613/mo)State Tax Benchmark: 0.8% (NC)Hazard Reserve: $134/mo
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.04%

NOI: $18,575/yr

Cash-on-Cash Yield
-9.5%

On $105,731 invested

DSCR Ratio
0.65x

Negative debt coverage

5-Yr Leveraged ROI
+46.7%

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)-$330/mo
Homeowner / Hazard Insurance-$134/mo
Vacancy Reserve (5% of rent)-$131/mo
Repairs & Maintenance (10% of rent)-$261/mo
Property Management (8% of rent)-$209/mo
Total Pure Operating Expenses-$1,065/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,613/mo
Less: Operating Expenses-$1,065/mo
Net Operating Income (NOI)+$1,548/mo
Less: Debt Service (30yr @ 6.75%)-$2,385/mo
Net Cash Flow
$-837/mo
$-10,049/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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