2068 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 2068 Pin Oak Pl, Cramerton, NC, 28032 offers a 8.5% rental yield on a $255,000 purchase with $1,807/mo rent. Total monthly income registers $1,807/mo, and a $1,248/mo payment leaves $253/mo available for distribution. Annual cash flow reaches $3,036/yr on $84,533 to close, and return on cash invested stands at 23.5% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,452 over five years. Portfolio math shows five-year ROI at 121.96% and total cumulative return in cash at $103,100. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,807/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2006
0.04 Acres 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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Listed by: Angie Dixon • Keller Williams Connected
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4316314