10 Pinehurst Manor Road #APinehurstNC28374
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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
Rental property for sale in Pinehurst at 10 Pinehurst Manor Road #A, Pinehurst, NC, 28374 priced at $230,000 pairs $1,700/mo rent with $298/mo cash flow after a $1,126/mo payment. Total monthly income equals $1,700/mo, and annual cash flow comes to $3,576/yr on $76,245 invested. Return on cash invested is 24.6% in year one, and rental yield stands at 8.87% on a $230,000 basis. Equity gained on principal adds $1,484/yr, and 5% annual appreciation accumulates to $63,545 by year five. Five-year ROI measures 127.85% and total cumulative return in cash reaches $97,483. For financing, Ziffy Mortgage’s DSCR program evaluates $1,700/mo property income against a $1,126/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1985
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: Julia Lattarulo • Keller Williams Pinehurst
Mls Name: Hive MLS
Mls ID: #100521757