1503 Lakeview DrPinevilleNC28134
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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 1503 Lakeview Dr, Pineville, NC, 28134 listed at $459,000 pairs $2,664/mo rent with a $2,247/mo payment. Total monthly income runs $2,664/mo. Return on cash invested measures 18.85% in year one, and rental yield registers 6.96% at a $459,000 basis. Equity gained on principal adds $2,962/yr, and annual property appreciation at 5% supports $126,813 by year five. Five-year ROI tracks 97.08% and total cumulative return in cash totals $147,719. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,664/mo property income relative to a $2,247/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
0.87 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: Fran Estes • Mark Spain Real Estate
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4296533