13215 Baker Mills 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
Investment property for sale in Pineville at 13215 Baker Mills Rd, Pineville, NC, 28134 offers a 7.13% rental yield on a $437,500 purchase with $2,598/mo rent. 35% in year one. Equity gained on principal adds $2,823/yr while 5% annual appreciation supports $120,873 over five years. Portfolio math shows five-year ROI at 99.68% and total cumulative return in cash at $144,569. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,598/mo property income against a $2,141/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
0.25 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: LaChelle Crosby • Found It Homes LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4331862