113 Brookside WayPikevilleNC27863
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
Rental property for sale in Pikeville at 113 Brookside Way, Pikeville, NC, 27863 generates $2,003/mo in rent and, after a $1,591/mo payment, leaves $22/mo in cash flow. Total monthly income is $2,003/mo, and annual cash flow is $264/yr on $107,738 invested. Return on cash invested sits at 20.15% in year one, and rental yield is 7.4% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 104.02% and total cumulative return in cash sums $112,069. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,003/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
0.47 Acres 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: Bennett Johnson • Wilkins & Lancaster Realty, LLC
Mls Name: Hive MLS
Mls ID: #100546545