215 N Pear StreetPinebluffNC28373
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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 Pinebluff at 215 N Pear Street, Pinebluff, NC, 28373 offers a 8.68% rental yield on a $285,000 purchase with $2,062/mo rent. Total monthly income registers $2,062/mo, and a $1,395/mo payment leaves $325/mo available for distribution. Annual cash flow reaches $3,900/yr on $94,478 to close, and return on cash invested stands at 24.04% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 124.84% and total cumulative return in cash at $117,942. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,062/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28373, Pinebluff, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,091 (100%) |
| Owner Occupied HU | 771 (70.7%) |
| Renter Occupied HU | 253 (23.2%) |
| Vacant Housing Units | 67 ( 6.1%) |
| Median Home Value | $237,015 |
| Average Home Value | $295,269 |
Housing Distribution
Address Breakdown
Residential
924
Single Family
924
Multi-Family
0
Businesses
57
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Listed by: Pamela O'Hara • A Place in the Pines Realty LLC
Mls Name: Hive MLS
Mls ID: #100535989