10 Pine Tree Road # 136PinehurstNC28374
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Pinehurst at 10 Pine Tree Road # 136, Pinehurst, NC, 28374 uses $85,859 cash to close to unlock $3,518/yr annual cash flow and $293/mo monthly cash flow. Total monthly income runs $1,872/mo, and a $1,268/mo payment keeps the spread at $293/mo. Purchase price stands at $259,000, and rental yield measures 8.67% with $1,872/mo rent. Return on cash invested shows 24.01% in year one, and 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 124.74% and total cumulative return in cash records $107,104. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,872/mo property income covering a $1,268/mo payment rather than investor’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28374, Pinehurst, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,441 (100%) |
| Owner Occupied HU | 7,889 (69.0%) |
| Renter Occupied HU | 1,801 (15.7%) |
| Vacant Housing Units | 1,751 (15.3%) |
| Median Home Value | $499,597 |
| Average Home Value | $589,795 |
Housing Distribution
Address Breakdown
Residential
9,306
Single Family
9,258
Multi-Family
48
Businesses
678
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Listed by: Bethany Jackson • Keller Williams Pinehurst
Mls Name: Hive MLS
Mls ID: #100544334