238 Johnston DrPinevilleNC28134
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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 Pineville at 238 Johnston Dr, Pineville, NC, 28134 at $434,800 posts ROI 20.91% with $120/mo cash flow from $2,770/mo rent. Total monthly income equals $2,770/mo, and annual cash flow records $1,443/yr on $144,136 to close. Return on cash invested measures 20.91% and rental yield reads 7.64% at the current $434,800. Equity gained on principal adds $2,806/yr, and 5% annual appreciation supports $120,127 by year five. Five-year ROI prints 108.1% and total cumulative return in cash totals $155,818.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,770/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2018
0.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28134, Pineville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,633 (100%) |
| Owner Occupied HU | 3,327 (59.1%) |
| Renter Occupied HU | 2,112 (37.5%) |
| Vacant Housing Units | 194 ( 3.4%) |
| Median Home Value | $441,383 |
| Average Home Value | $466,942 |
Housing Distribution
Address Breakdown
Residential
5,912
Single Family
5,153
Multi-Family
759
Businesses
1,100
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Listed by: Amy Goeken • Keller Williams South Park
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4320235