245 Pine Ridge TrlAlmondNC28702
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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 Almond at 245 Pine Ridge Trl, Almond, NC, 28702 earns $1,113/mo cash flow from $2,801/mo rent with a $1,322/mo payment. Total monthly income totals $2,801/mo, and annual cash flow totals $13,360/yr on $89,505 capital. ROI tracks 34.84% on current figures, and rental yield reads 12.45% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 183.01% and total cumulative return in cash sums $163,801. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,801/mo property income instead of your personal income.
Single Family
Built in 1991
0.75 Acres lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28702, Almond, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 431 (100%) |
| Owner Occupied HU | 159 (36.9%) |
| Renter Occupied HU | 39 ( 9.0%) |
| Vacant Housing Units | 233 (54.1%) |
| Median Home Value | $261,364 |
| Average Home Value | $306,368 |
Housing Distribution
Address Breakdown
Residential
236
Single Family
236
Multi-Family
0
Businesses
19
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Listed by: Lytisha Shuler • Keller Williams - Great Smokies - Bc
Mls Name: Carolina Smokies MLS
Mls ID: #26030721
Disclaimer: Copyright Carolina Smokies Association of Realtors & MLS. All rights reserved. Information is deemed reliable but not guaranteed.