1607 Neelley RdPleasant GardenNC27313
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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 Pleasant Garden at 1607 Neelley Rd, Pleasant Garden, NC, 27313 offers a 5.41% rental yield on a $309,000 purchase with $1,393/mo rent. 17% in year one. Equity gained on principal adds $1,994/yr while 5% annual appreciation supports $85,371 over five years. Portfolio math shows five-year ROI at 71.97% and total cumulative return in cash at $73,721. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,393/mo property income against a $1,512/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27313, Pleasant Garden, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,025 (100%) |
| Owner Occupied HU | 2,478 (81.9%) |
| Renter Occupied HU | 391 (12.9%) |
| Vacant Housing Units | 156 ( 5.2%) |
| Median Home Value | $277,589 |
| Average Home Value | $293,275 |
Housing Distribution
Address Breakdown
Residential
2,842
Single Family
2,842
Multi-Family
0
Businesses
194
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Listed by: Matthew Millaway • eXp Realty
Mls Name: Triad MLS
Mls ID: #1196532