218 Millbrook DrPittsboroNC27312
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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 Pittsboro at 218 Millbrook Dr, Pittsboro, NC, 27312 at $520,000 posts ROI 18.34% with from $2,924/mo rent. Total monthly income equals $2,924/mo. Return on cash invested measures 18.34% and rental yield reads 6.75% at the current $520,000. Equity gained on principal adds $3,355/yr, and 5% annual appreciation supports $143,666 by year five. Five-year ROI prints 94.26% and total cumulative return in cash totals $161,267. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,924/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2017
N/A lot
$N/A/sqft
No 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
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Listed by: Tanya Papandrea • Absolute Realty Company, LLC
Mls Name: Doorify MLS
Mls ID: #10123978