115 Boatright RdPinevilleNC28134
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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 Pineville at 115 Boatright Rd, Pineville, NC, 28134 offers $1,734/mo rent that, after a $1,346/mo payment, leaves $58/mo cash flow. Total monthly income is $1,734/mo, and annual cash flow is $696/yr on $91,163 cash. Return on cash invested measures 20.67% in year one, and rental yield stands at 7.57% at a $275,000 entry. Equity gained on principal adds $1,775/yr while 5% annual appreciation compounds into $75,977 by year five. Five-year ROI records 106.82% and total cumulative return in cash reaches $97,379. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,734/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28134, Pineville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,633 (100%) |
| Owner Occupied HU | 3,327 (59.1%) |
| Renter Occupied HU | 2,112 (37.5%) |
| Vacant Housing Units | 194 ( 3.4%) |
| Median Home Value | $441,383 |
| Average Home Value | $466,942 |
Housing Distribution
Address Breakdown
Residential
5,912
Single Family
5,153
Multi-Family
759
Businesses
1,100
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Listed by: Carissa Sanchez • ERA Live Moore
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4315910