235 Cottage WayPittsboroNC27312
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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 235 Cottage Way, Pittsboro, NC, 27312 with 5% annual appreciation on a $1,049,000 basis while $5,173/mo rent supports operations. 06% in year one. Equity gained on principal adds $6,769/yr, and five-year appreciation sums $289,819 alongside rental yield of 5.92%. Five-year ROI measures 82% and total cumulative return in cash totals $278,692. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,173/mo property income versus a $5,134/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2020
0.50 Acres 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: Chris Crumpler • Keller Williams Legacy
Mls Name: Doorify MLS
Mls ID: #10136577