191 Pine Lake DrSiler CityNC27344
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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 Siler City at 191 Pine Lake Dr, Siler City, NC, 27344 priced at $649,000 converts $3,824/mo rent into after a $3,177/mo obligation. Total monthly income equals $3,824/mo. Return on cash invested prints 19.32% in year one, and rental yield reads 7.07% against a $649,000 entry. Equity gained on principal adds $4,188/yr, while 5% annual appreciation compiles into $179,307 by year five. Five-year ROI reaches 99.54% and total cumulative return in cash sums $212,532. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,824/mo property income covering a $3,177/mo payment, not borrower’s personal income.
Single Family
Built in 1964
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27344, Siler City, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,613 (100%) |
| Owner Occupied HU | 4,743 (62.3%) |
| Renter Occupied HU | 2,234 (29.3%) |
| Vacant Housing Units | 636 ( 8.4%) |
| Median Home Value | $231,846 |
| Average Home Value | $346,698 |
Housing Distribution
Address Breakdown
Residential
7,070
Single Family
6,369
Multi-Family
701
Businesses
671
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Listed by: Sherry Allen • Realty World Carolina Prop
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10068137
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.