107 Pony Cir NWPikevilleNC27863
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Pikeville at 107 Pony Cir NW, Pikeville, NC, 27863 uses $82,742 cash to close to unlock $1,806/yr annual cash flow and $150/mo monthly cash flow. Total monthly income runs $1,672/mo, and a $1,222/mo payment keeps the spread at $150/mo. Purchase price stands at $249,600, and rental yield measures 8.04% with $1,672/mo rent. Return on cash invested shows 22.09% in year one, and 5% annual appreciation builds toward $68,960 over five years. Five-year ROI reaches 114.46% and total cumulative return in cash records $94,708. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,672/mo property income covering a $1,222/mo payment rather than investor’s personal income.
Single Family
Built in 1972
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: CHRISTINE WORTH • WORTHWHILE REALTY
Mls Name: LPRMLS
Mls Provider:
Mls ID: #736323
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.