169 Elsa Jane LnPittsboroNC27312
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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 Pittsboro at 169 Elsa Jane Ln, Pittsboro, NC, 27312 generates $3,564/mo in rent, after a $3,157/mo payment. Total monthly income is $3,564/mo. Return on cash invested sits at 17.98% in year one, and rental yield is 6.63% on a $645,000 entry. Equity gained on principal adds $4,162/yr, while 5% annual appreciation builds toward $178,202 over five years. Five-year ROI reaches 92.36% and total cumulative return in cash sums $195,988. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,564/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
3.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27312, Pittsboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,378 (100%) |
| Owner Occupied HU | 9,139 (73.8%) |
| Renter Occupied HU | 2,324 (18.8%) |
| Vacant Housing Units | 915 ( 7.4%) |
| Median Home Value | $487,766 |
| Average Home Value | $531,267 |
Housing Distribution
Address Breakdown
Residential
11,312
Single Family
9,514
Multi-Family
1,798
Businesses
810
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Listed by: Ryan Ford • Triangle Real Estate Journal
Mls Name: Doorify MLS
Mls ID: #10111005