109 Oak StPine LevelNC27568
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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 Pine Level at 109 Oak St, Pine Level, NC, 27568 uses $79,527 cash to close to unlock $2,053/yr annual cash flow and $171/mo monthly cash flow. Total monthly income runs $1,633/mo, and a $1,174/mo payment keeps the spread at $171/mo. Purchase price stands at $239,900, and rental yield measures 8.17% with $1,633/mo rent. Return on cash invested shows 22.49% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 116.62% and total cumulative return in cash records $92,743. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,633/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1986
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27568, Pine Level, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 308 (100%) |
| Owner Occupied HU | 171 (55.5%) |
| Renter Occupied HU | 111 (36.0%) |
| Vacant Housing Units | 26 ( 8.4%) |
| Median Home Value | $198,026 |
| Average Home Value | $219,401 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
60
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Listed by: Peter Greijn • Referral Realty US LLC
Mls Name: Doorify MLS
Mls ID: #10111369