240 Deer Knoll DrivePiney CreekNC28663
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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 Piney Creek at 240 Deer Knoll Drive, Piney Creek, NC, 28663 earns from $1,458/mo rent with a $1,953/mo payment. Total monthly income totals $1,458/mo. ROI tracks 11.07% on current figures, and rental yield reads 4.38% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 55.37% and total cumulative return in cash sums $73,238. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,458/mo property income instead of your personal income.
Single Family
Built in 2004
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28663, Piney Creek, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 613 (100%) |
| Owner Occupied HU | 252 (41.1%) |
| Renter Occupied HU | 51 ( 8.3%) |
| Vacant Housing Units | 310 (50.6%) |
| Median Home Value | $318,333 |
| Average Home Value | $401,726 |
Housing Distribution
Address Breakdown
Residential
478
Single Family
478
Multi-Family
0
Businesses
14
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Listed by: Lisa Crabtree • Real Broker, LLC
Mls Name: High Country AOR
Mls ID: #256585