102 Elliot PlPikevilleNC27863
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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 Pikeville at 102 Elliot Pl, Pikeville, NC, 27863 offers $1,784/mo rent that, after a $1,150/mo payment, leaves $352/mo cash flow. Total monthly income is $1,784/mo, and annual cash flow is $4,224/yr on $77,903 cash. Return on cash invested measures 25.33% in year one, and rental yield stands at 9.11% at a $235,000 entry. Equity gained on principal adds $1,516/yr while 5% annual appreciation compounds into $64,926 by year five. Five-year ROI records 131.77% and total cumulative return in cash reaches $102,652. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,784/mo property income versus a $1,150/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27863, Pikeville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,537 (100%) |
| Owner Occupied HU | 3,944 (71.2%) |
| Renter Occupied HU | 1,100 (19.9%) |
| Vacant Housing Units | 493 ( 8.9%) |
| Median Home Value | $215,691 |
| Average Home Value | $220,096 |
Housing Distribution
Address Breakdown
Residential
5,248
Single Family
5,248
Multi-Family
0
Businesses
152
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Listed by: Amy Elizabeth Morris • Carolina Realty
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10114019
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.