Is Kill Devil Hills, NC a good place to invest in rental property?

Kill Devil Hills, NC has a median modeled monthly cash flow of $-2,336 and a median cap rate of 1.6%, on a median sold price of $521,000. Prices changed -2.0% year over year.

What is the average cap rate in Kill Devil Hills, NC?

The median cap rate across recently sold homes in Kill Devil Hills, NC is 1.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Kill Devil Hills, NC?

The median sold price in Kill Devil Hills, NC is $521,000 (about $362 per square foot).

Investing in Kill Devil Hills, NC Real Estate

A data-driven snapshot of the Kill Devil Hills, NC rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$521,000Median sold price

$362Median $/sqft

1.6%Median cap rate

$-2,336Modeled cash flow / mo

-2.0%Appreciation YoY

9.8Months of supply

307Active listings

376Sold (last 12 mo)

What the Kill Devil Hills numbers say

In Kill Devil Hills, NC, the median home sold for $521,000 (about $362 per square foot), and the typical deal models out to a 1.6% cap rate with a median $-2,336 of monthly cash flow. Sold prices moved -2.0% over the past year. Inventory sits at about 9.8 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other North Carolina markets to compare

See Kill Devil Hills cash-flowing listings

CashFlowRE ranks every for-sale home in Kill Devil Hills, NC by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Kill Devil Hills deals, or browse the national market data.