102 Longwood DrivePinetopsNC27864
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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 Pinetops at 102 Longwood Drive, Pinetops, NC, 27864 offers $2,625/mo rent that, after a $1,738/mo payment, leaves $461/mo cash flow. Total monthly income is $2,625/mo, and annual cash flow is $5,532/yr on $117,683 cash. Return on cash invested measures 24.61% in year one, and rental yield stands at 8.87% at a $355,000 entry. Equity gained on principal adds $2,291/yr while 5% annual appreciation compounds into $98,080 by year five. Five-year ROI records 127.91% and total cumulative return in cash reaches $150,528. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,625/mo property income versus a $1,738/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27864, Pinetops, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,987 (100%) |
| Owner Occupied HU | 1,200 (60.4%) |
| Renter Occupied HU | 551 (27.7%) |
| Vacant Housing Units | 236 (11.9%) |
| Median Home Value | $129,234 |
| Average Home Value | $167,135 |
Housing Distribution
Address Breakdown
Residential
1,363
Single Family
1,338
Multi-Family
25
Businesses
106
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Listed by: SHANNON HODGES • Keller Williams Realty Points East
Mls Name: Hive MLS
Mls ID: #100543186