126 St Mellions DrivePinehurstNC28374
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 Pinehurst at 126 St Mellions Drive, Pinehurst, NC, 28374 offers a 5.53% rental yield on a $879,900 purchase with $4,055/mo rent. 64% in year one. Equity gained on principal adds $5,678/yr while 5% annual appreciation supports $243,100 over five years. Portfolio math shows five-year ROI at 74.43% and total cumulative return in cash at $215,473. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,055/mo property income against a $4,307/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28374, Pinehurst, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,441 (100%) |
| Owner Occupied HU | 7,889 (69.0%) |
| Renter Occupied HU | 1,801 (15.7%) |
| Vacant Housing Units | 1,751 (15.3%) |
| Median Home Value | $499,597 |
| Average Home Value | $589,795 |
Housing Distribution
Address Breakdown
Residential
9,306
Single Family
9,258
Multi-Family
48
Businesses
678
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lee Pittman • Carolina Summit Group, LLC
Mls Name: Hive MLS
Mls ID: #100549991