212 Sunridge LanePikevilleNC27863
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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 Pikeville at 212 Sunridge Lane, Pikeville, NC, 27863 at $242,000 posts ROI 23.3% with $227/mo cash flow from $1,701/mo rent. Total monthly income equals $1,701/mo, and annual cash flow records $2,719/yr on $80,223 to close. Return on cash invested measures 23.3% and rental yield reads 8.43% at the current $242,000. Equity gained on principal adds $1,562/yr, and 5% annual appreciation supports $66,860 by year five. Five-year ROI prints 120.92% and total cumulative return in cash totals $97,002.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,701/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2004
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27863, Pikeville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,537 (100%) |
| Owner Occupied HU | 3,944 (71.2%) |
| Renter Occupied HU | 1,100 (19.9%) |
| Vacant Housing Units | 493 ( 8.9%) |
| Median Home Value | $215,691 |
| Average Home Value | $220,096 |
Housing Distribution
Address Breakdown
Residential
5,248
Single Family
5,248
Multi-Family
0
Businesses
152
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Listed by: Beverly H Knight • HOMETOWNE REALTY CLAYTON EAST
Mls Name: Hive MLS
Mls ID: #100547141