216 Colonial Ridge DrPittsboroNC27312
Nearby investment properties with comparable rents
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 Pittsboro at 216 Colonial Ridge Dr, Pittsboro, NC, 27312 at $950,300 posts ROI 15.63% with from $4,709/mo rent. Total monthly income equals $4,709/mo. Return on cash invested measures 15.63% and rental yield reads 5.95% at the current $950,300. Equity gained on principal adds $6,132/yr, and 5% annual appreciation supports $262,550 by year five. Five-year ROI prints 79.81% and total cumulative return in cash totals $249,540. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,709/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2013
0.97 Acres lot
$N/A/sqft
$73 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27312, Pittsboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,378 (100%) |
| Owner Occupied HU | 9,139 (73.8%) |
| Renter Occupied HU | 2,324 (18.8%) |
| Vacant Housing Units | 915 ( 7.4%) |
| Median Home Value | $487,766 |
| Average Home Value | $531,267 |
Housing Distribution
Address Breakdown
Residential
11,312
Single Family
9,514
Multi-Family
1,798
Businesses
810
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A