140 Cochrane Castle CircleSouthern PinesNC28374
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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 Southern Pines at 140 Cochrane Castle Circle, Southern Pines, NC, 28374 offers $4,184/mo rent that, after a $4,527/mo payment. Total monthly income is $4,184/mo. Return on cash invested measures 14.33% in year one, and rental yield stands at 5.43% at a $925,000 entry. Equity gained on principal adds $5,969/yr while 5% annual appreciation compounds into $255,560 by year five. Five-year ROI records 72.76% and total cumulative return in cash reaches $221,425. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,184/mo property income versus a $4,527/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2008
N/A 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
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Listed by: Mary Lou Vecchione • MLV Properties
Mls Name: Hive MLS
Mls ID: #100540177