OFF_MARKETRisky Deal72 days on market

609 Zen Ln Lot 55

609 Zen Ln Lot 55, Kill Devil Hills, NC 27948, Kill Devil Hills, NC 27948
$775,000
Zestimate®:$754,300

Listing Price

Property image 1
609 Zen Ln Lot 55, Kill Devil Hills, NC 27948
Loc: Kill Devil Hills, NC
Days Listed
72
Zestimate®
$754k
Market Rate
Rent Estimate
$3,545/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
3.7 mi away
9

First Flight Middle School

6-8
1.1 mi away
7

First Flight High School

9-12
0.9 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
3.74%
Total ROI
8.4%
Cash Flow
$-1,504/mo
DSCR
0.62
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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
2026-05-12Listing removed$834,000
2026-03-02Listed for sale$834,000
2022-01-28Sold$737,218
2021-12-20Contingent$757,218
2021-11-29Listed for sale$757,218
2021-09-21Listing removed$0
2021-04-14Price change$732,118
2021-03-05Listed for sale$673,518
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
4
Sq Ft
2,180
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: $775,000Rent Basis: Observed Comp Model ($3,545/mo)State Tax Benchmark: 0.8% (NC)Hazard Reserve: $226/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.08%

NOI: $23,844/yr

Cash-on-Cash Yield
-13.7%

On $178,250 invested

DSCR Ratio
0.49x

Negative debt coverage

5-Yr Leveraged ROI
+25.7%

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)-$517/mo
Homeowner / Hazard Insurance-$226/mo
Vacancy Reserve (5% of rent)-$177/mo
Repairs & Maintenance (10% of rent)-$355/mo
Property Management (8% of rent)-$284/mo
Total Pure Operating Expenses-$1,558/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,545/mo
Less: Operating Expenses-$1,558/mo
Net Operating Income (NOI)+$1,987/mo
Less: Debt Service (30yr @ 6.75%)-$4,021/mo
Net Cash Flow
$-2,034/mo
$-24,412/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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