1031 Pine Acres RdWhite OakNC28399
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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 White Oak at 1031 Pine Acres Rd, White Oak, NC, 28399 uses $42,764 cash to close to unlock $2,762/yr annual cash flow and $230/mo monthly cash flow. Total monthly income runs $1,016/mo, and a $631/mo payment keeps the spread at $230/mo. Purchase price stands at $129,000, and rental yield measures 9.45% with $1,016/mo rent. Return on cash invested shows 26.37% in year one, and 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 137.45% and total cumulative return in cash records $58,777. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,016/mo property income covering a $631/mo payment rather than investor’s personal income.
Manufactured
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28399, White Oak, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 784 (100%) |
| Owner Occupied HU | 497 (63.4%) |
| Renter Occupied HU | 169 (21.6%) |
| Vacant Housing Units | 118 (15.1%) |
| Median Home Value | $256,424 |
| Average Home Value | $228,803 |
Housing Distribution
Address Breakdown
Residential
722
Single Family
722
Multi-Family
0
Businesses
38
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Listed by: BECKI BOLTON TEAM POWERED BY COLDWELL BANKER ADVANTAGE • COLDWELL BANKER ADVANTAGE - FAYETTEVILLE
Mls Name: LPRMLS
Mls ID: #752283