209 Price StPine LevelNC27576
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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 Pine Level at 209 Price St, Pine Level, NC, 27576 listed at $165,000 pairs $1,310/mo rent with a $808/mo payment to leave $304/mo cash flow. Total monthly income runs $1,310/mo, and annual cash flow reaches $3,648/yr on $54,698 cash to close. Return on cash invested measures 26.58% in year one, and rental yield registers 9.53% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 138.45% and total cumulative return in cash totals $75,731. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,310/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27576, Selma, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,396 (100%) |
| Owner Occupied HU | 5,180 (61.7%) |
| Renter Occupied HU | 2,695 (32.1%) |
| Vacant Housing Units | 521 ( 6.2%) |
| Median Home Value | $261,429 |
| Average Home Value | $291,801 |
Housing Distribution
Address Breakdown
Residential
7,805
Single Family
7,706
Multi-Family
99
Businesses
444
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Nearby investment properties with comparable prices
Listed by: Alice Harris • Harris Realty & Land, LLC
Mls Name: Doorify MLS
Mls ID: #10141249