150 Pine BranchesWintervilleNC28590
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 Winterville at 150 Pine Branches, Winterville, NC, 28590 at $185,000 posts ROI 26.09% with $316/mo cash flow from $1,573/mo rent. Total monthly income equals $1,573/mo, and annual cash flow records $3,792/yr on $61,328 to close. Return on cash invested measures 26.09% and rental yield reads 10.2% at the current $185,000. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 by year five. Five-year ROI prints 136.78% and total cumulative return in cash totals $83,883.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,573/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1992
1,742 sqft lot
$N/A/sqft
$1,560 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28590, Winterville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,139 (100%) |
| Owner Occupied HU | 8,173 (67.3%) |
| Renter Occupied HU | 3,263 (26.9%) |
| Vacant Housing Units | 703 ( 5.8%) |
| Median Home Value | $279,164 |
| Average Home Value | $290,228 |
Housing Distribution
Address Breakdown
Residential
12,254
Single Family
11,249
Multi-Family
1,005
Businesses
674
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Nearby investment properties with comparable prices
Listed by: CAROLINE COOKE • Lee and Harrell Real Estate Professionals
Mls Name: NCRMLS
Mls Provider:
Mls ID: #100471324
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC, and is updated as of 2024-02-16 15:12:29 PST. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 2024 North Carolina Regional MLS LLC