2389 Picual Way LOT 23New HillNC27562








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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 New Hill at 2389 Picual Way LOT 23, New Hill, NC, 27562 earns from $3,264/mo rent with a $4,705/mo payment. Total monthly income totals $3,264/mo. ROI tracks 10.22% on current figures, and rental yield reads 4.07% at a $961,180 purchase. Equity gained on principal adds $6,202/yr, and 5% annual appreciation supports $265,556 over five years. Five-year ROI reaches 50.72% and total cumulative return in cash sums $160,388. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,264/mo property income instead of your personal income.
Single Family
Built in 2025
8,276 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: Alison Hicks • M/I Homes of Raleigh LLC
Mls Name: Doorify MLS
Mls ID: #10097178







