1095 Piney Meadows DrWalnut CoveNC27052
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 Walnut Cove at 1095 Piney Meadows Dr, Walnut Cove, NC, 27052 offers a 5.11% rental yield on a $225,000 purchase with $959/mo rent. 28% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 67.15% and total cumulative return in cash at $50,085. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $959/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1997
1.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27052, Walnut Cove, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,825 (100%) |
| Owner Occupied HU | 3,323 (68.9%) |
| Renter Occupied HU | 1,017 (21.1%) |
| Vacant Housing Units | 485 (10.1%) |
| Median Home Value | $212,915 |
| Average Home Value | $258,539 |
Housing Distribution
Address Breakdown
Residential
4,322
Single Family
4,269
Multi-Family
53
Businesses
243
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lori Ramirez • Ann Chilton Realty, Inc.
Mls Name: Triad MLS
Mls ID: #1197100