1018 Bob Gauldin RdPelhamNC27311
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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 Pelham at 1018 Bob Gauldin Rd, Pelham, NC, 27311 priced at $200,000 pairs $1,888/mo rent with $669/mo cash flow after a $979/mo payment. Total monthly income equals $1,888/mo, and annual cash flow comes to $8,028/yr on $66,300 invested. Return on cash invested is 32.02% in year one, and rental yield stands at 11.33% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 167.63% and total cumulative return in cash reaches $111,140. For financing, Ziffy Mortgage’s DSCR program evaluates $1,888/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
7 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27311, Pelham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,732 (100%) |
| Owner Occupied HU | 1,161 (67.0%) |
| Renter Occupied HU | 344 (19.9%) |
| Vacant Housing Units | 227 (13.1%) |
| Median Home Value | $157,488 |
| Average Home Value | $194,356 |
Housing Distribution
Address Breakdown
Residential
1,573
Single Family
1,573
Multi-Family
0
Businesses
57
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