1588 Pilot Westfield RdPilot MountainNC27041
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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 Pilot Mountain at 1588 Pilot Westfield Rd, Pilot Mountain, NC, 27041 offers a 9.24% rental yield on a $130,000 purchase with $1,001/mo rent. Total monthly income registers $1,001/mo, and a $636/mo payment leaves $209/mo available for distribution. Annual cash flow reaches $2,508/yr on $43,095 to close, and return on cash invested stands at 25.73% in year one. Equity gained on principal adds $839/yr while 5% annual appreciation supports $35,917 over five years. Portfolio math shows five-year ROI at 133.92% and total cumulative return in cash at $57,711. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,001/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1994
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27041, Pilot Mountain, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,778 (100%) |
| Owner Occupied HU | 2,606 (69.0%) |
| Renter Occupied HU | 818 (21.7%) |
| Vacant Housing Units | 354 ( 9.4%) |
| Median Home Value | $265,686 |
| Average Home Value | $310,195 |
Housing Distribution
Address Breakdown
Residential
3,063
Single Family
3,063
Multi-Family
0
Businesses
298
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Listed by: Teresa Martin • Land Pro Real Estate, Inc
Mls Name: Triad MLS
Mls ID: #1205586