204 W Pittsylvania StHalifaxNC27839
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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 Halifax at 204 W Pittsylvania St, Halifax, NC, 27839 with 5% annual appreciation on a $149,900 basis while $1,154/mo rent supports operations. Total monthly income totals $1,154/mo and a $734/mo payment preserves $200/mo for cash returns. Annual cash flow comes to $2,403/yr on $49,692 deployed, and return on cash invested reaches 24.75% in year one. Equity gained on principal adds $967/yr, and five-year appreciation sums $41,415 alongside rental yield of 9.24%. Five-year ROI measures 129.05% and total cumulative return in cash totals $64,127.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,154/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1937
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27839, Halifax, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,427 (100%) |
| Owner Occupied HU | 875 (61.3%) |
| Renter Occupied HU | 257 (18.0%) |
| Vacant Housing Units | 295 (20.7%) |
| Median Home Value | $87,989 |
| Average Home Value | $162,220 |
Housing Distribution
Address Breakdown
Residential
1,030
Single Family
1,030
Multi-Family
0
Businesses
128
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Listed by: Jessica Council • Wilkie Real Estate
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #138718
Disclaimer: Copyright Roanoke Valley Lake Gaston Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.