257 Isabel WayPiney 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 257 Isabel Way, Piney Creek, NC, 28663 at $169,900 posts ROI 28.24% with $391/mo cash flow from $1,427/mo rent. Total monthly income equals $1,427/mo, and annual cash flow records $4,693/yr on $56,322 to close. Return on cash invested measures 28.24% and rental yield reads 10.08% at the current $169,900. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 by year five. Five-year ROI prints 147.51% and total cumulative return in cash totals $83,078.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,427/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1997
0.64 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: Donny McCall • Alleghany High Country Realty
Mls Name: High Country AOR
Mls ID: #259124