1025 Mitchell RdPilot MountainNC27041
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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 Pilot Mountain at 1025 Mitchell Rd, Pilot Mountain, NC, 27041 listed at $245,000 pairs $2,314/mo rent with a $1,199/mo payment to leave $821/mo cash flow. Total monthly income runs $2,314/mo, and annual cash flow reaches $9,852/yr on $81,218 cash to close. Return on cash invested measures 32.04% in year one, and rental yield registers 11.33% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 167.76% and total cumulative return in cash totals $136,248. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,314/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2004
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27041, Pilot Mountain, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,778 (100%) |
| Owner Occupied HU | 2,606 (69.0%) |
| Renter Occupied HU | 818 (21.7%) |
| Vacant Housing Units | 354 ( 9.4%) |
| Median Home Value | $265,686 |
| Average Home Value | $310,195 |
Housing Distribution
Address Breakdown
Residential
3,063
Single Family
3,063
Multi-Family
0
Businesses
298
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Listed by: Rebecca Lynch • Lynch Realty & Associates
Mls Name: Triad MLS
Mls ID: #1201752