112 Pine AveElizabethtownNC28337
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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
Rental property for sale in Elizabethtown at 112 Pine Ave, Elizabethtown, NC, 28337 priced at $429,500 pairs $2,088/mo rent with after a $2,102/mo payment. Total monthly income equals $2,088/mo. Return on cash invested is 15.45% in year one, and rental yield stands at 5.83% on a $429,500 basis. Equity gained on principal adds $2,772/yr, and 5% annual appreciation accumulates to $118,663 by year five. Five-year ROI measures 78.8% and total cumulative return in cash reaches $112,190. For financing, Ziffy Mortgage’s DSCR program evaluates $2,088/mo property income against a $2,102/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28337, Elizabethtown, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,345 (100%) |
| Owner Occupied HU | 2,624 (49.1%) |
| Renter Occupied HU | 1,358 (25.4%) |
| Vacant Housing Units | 1,363 (25.5%) |
| Median Home Value | $234,913 |
| Average Home Value | $263,846 |
Housing Distribution
Address Breakdown
Residential
4,199
Single Family
4,078
Multi-Family
121
Businesses
476
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Listed by: N/A • N/A
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