204 Nelson StPilot MtnNC27041
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 204 Nelson St, Pilot Mtn, NC, 27041 in Pilot Mtn earns a 9.22% gross yield at $187,500. Rent of $1,440/mo nets $297/mo after the $843/mo mortgage. The 1.71 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $51,803 and $1,727/yr in equity accumulation project a total cumulative return of $90,154.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.2% |
| Monthly Cash Flow | $297 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,440 |
| Total Monthly Debt Service | $1,068 |
| DSCR Ratio | 1.35x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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