261 S Boyles StPilot MtnNC27041
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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 Pilot Mtn at 261 S Boyles St, Pilot Mtn, NC, 27041 uses $96,135 cash to close to unlock $3,360/yr annual cash flow and $280/mo monthly cash flow. Total monthly income runs $2,197/mo, and a $1,419/mo payment keeps the spread at $280/mo. Purchase price stands at $290,000, and rental yield measures 9.09% with $2,197/mo rent. Return on cash invested shows 23.4% in year one, and 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 122.12% and total cumulative return in cash records $117,400. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,197/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Condo
Built in 1999
13.85 Acres lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27041, Pilot Mountain, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,778 (100%) |
| Owner Occupied HU | 2,606 (69.0%) |
| Renter Occupied HU | 818 (21.7%) |
| Vacant Housing Units | 354 ( 9.4%) |
| Median Home Value | $265,686 |
| Average Home Value | $310,195 |
Housing Distribution
Address Breakdown
Residential
3,063
Single Family
3,063
Multi-Family
0
Businesses
298
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