1224 Pee Dee RdAberdeenNC28315
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 Aberdeen at 1224 Pee Dee Rd, Aberdeen, NC, 28315 priced at $295,900 converts $2,243/mo rent into $440/mo cash flow after a $1,448/mo obligation. Total monthly income equals $2,243/mo, and annual cash flow totals $5,279/yr on $98,091 invested. Return on cash invested prints 25.29% in year one, and rental yield reads 9.1% against a $295,900 entry. Equity gained on principal adds $1,909/yr, while 5% annual appreciation compiles into $81,752 by year five. Five-year ROI reaches 131.58% and total cumulative return in cash sums $129,069. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,243/mo property income covering a $1,448/mo payment, not borrower’s personal income.
Single Family
Built in 1972
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28315, Aberdeen, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,555 (100%) |
| Owner Occupied HU | 4,170 (63.6%) |
| Renter Occupied HU | 1,829 (27.9%) |
| Vacant Housing Units | 556 ( 8.5%) |
| Median Home Value | $352,038 |
| Average Home Value | $390,076 |
Housing Distribution
Address Breakdown
Residential
6,538
Single Family
5,821
Multi-Family
717
Businesses
687
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Listed by: KIMBERLY BULLARD • KASTLE PROPERTIES LLC
Mls Name: LPRMLS
Mls ID: #743775