2053 Pin Oak PlCramertonNC28032
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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
Investment property for sale in Cramerton at 2053 Pin Oak Pl, Cramerton, NC, 28032 uses $85,859 cash to close to unlock $1,118/yr annual cash flow and $93/mo monthly cash flow. Total monthly income runs $1,672/mo, and a $1,268/mo payment keeps the spread at $93/mo. Purchase price stands at $259,000, and rental yield measures 7.75% with $1,672/mo rent. Return on cash invested shows 21.21% in year one, and 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 109.76% and total cumulative return in cash records $94,240. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,672/mo property income covering a $1,268/mo payment rather than investor’s personal income.
Townhouse
Built in 2005
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28032, Cramerton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,687 (100%) |
| Owner Occupied HU | 1,102 (65.3%) |
| Renter Occupied HU | 462 (27.4%) |
| Vacant Housing Units | 123 ( 7.3%) |
| Median Home Value | $360,308 |
| Average Home Value | $425,286 |
Housing Distribution
Address Breakdown
Residential
1,612
Single Family
1,572
Multi-Family
40
Businesses
127
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