204 Nelson StPilot MtnNC27041
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mtn at 204 Nelson St, Pilot Mtn, NC, 27041 at $187,500 posts ROI 25.64% with $297/mo cash flow from $1,440/mo rent. Total monthly income equals $1,440/mo, and annual cash flow records $3,564/yr on $62,156 to close. Return on cash invested measures 25.64% and rental yield reads 9.22% at the current $187,500. Equity gained on principal adds $1,210/yr, and 5% annual appreciation supports $51,803 by year five. Five-year ROI prints 133.46% and total cumulative return in cash totals $82,951.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,440/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1946
0.29 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashley Mitchell • Ann Chilton Realty, Inc.
Mls Name: Triad MLS
Mls ID: #1188367