205 Oak Ridge DrPinetownNC27865
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
Rental property for sale in Pinetown at 205 Oak Ridge Dr, Pinetown, NC, 27865 priced at $315,000 pairs $2,652/mo rent with $732/mo cash flow after a $1,542/mo payment. Total monthly income equals $2,652/mo, and annual cash flow comes to $8,784/yr on $104,423 invested. Return on cash invested is 28.32% in year one, and rental yield stands at 10.1% on a $315,000 basis. Equity gained on principal adds $2,033/yr, and 5% annual appreciation accumulates to $87,029 by year five. Five-year ROI measures 147.81% and total cumulative return in cash reaches $154,349. For financing, Ziffy Mortgage’s DSCR program evaluates $2,652/mo property income against a $1,542/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1995
49 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27865, Pinetown, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 913 (100%) |
| Owner Occupied HU | 655 (71.7%) |
| Renter Occupied HU | 126 (13.8%) |
| Vacant Housing Units | 132 (14.5%) |
| Median Home Value | $241,471 |
| Average Home Value | $313,080 |
Housing Distribution
Address Breakdown
Residential
790
Single Family
790
Multi-Family
0
Businesses
40
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A