2701 Castes DrPfafftownNC27040
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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
Rental property for sale in Pfafftown at 2701 Castes Dr, Pfafftown, NC, 27040 generates $2,628/mo in rent and, after a $1,703/mo payment, leaves $507/mo in cash flow. Total monthly income is $2,628/mo, and annual cash flow is $6,089/yr on $115,362 invested. Return on cash invested sits at 25.19% in year one, and rental yield is 9.06% on a $348,000 entry. Equity gained on principal adds $2,246/yr, while 5% annual appreciation builds toward $96,146 over five years. Five-year ROI reaches 131.04% and total cumulative return in cash sums $151,174. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,628/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27040, Pfafftown, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,524 (100%) |
| Owner Occupied HU | 4,632 (83.9%) |
| Renter Occupied HU | 562 (10.2%) |
| Vacant Housing Units | 330 ( 6.0%) |
| Median Home Value | $337,904 |
| Average Home Value | $381,062 |
Housing Distribution
Address Breakdown
Residential
5,291
Single Family
5,285
Multi-Family
6
Businesses
212
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