Pine Island has long stood as one of the premier communities in the Outer Banks.  Its name has long been synonomous with luxury and views that stretch from ocean to sound.  Currently there are 33 homes in Pine Island for sale.  The homes stretch from a low of $699,000 to a high of $5,500,000.

The fall in prices have made Pine Island homes especially attractive to those who are looking to use the home for its income generating possibilities.  Several Pine Island homes have capitalization rates over 7%.  Below you will find the homes in Pine Island with the best ROI.

Pine Island Investment Homes

  • #51784 - Cap Rate 8.60% - 2008 Rents $249,850 
  • #56586 - Cap Rate 7.37% - 2008 Rents $214,250 
  • #61581 - Cap Rate 8.81% - 2008 Rents $233,500
Posted by Mike Bishal on
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