280 Sugar Gum LnPinehurstNC28374
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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 Pinehurst at 280 Sugar Gum Ln, Pinehurst, NC, 28374 earns $266/mo cash flow from $2,399/mo rent with a $1,713/mo payment. Total monthly income totals $2,399/mo, and annual cash flow totals $3,192/yr on $116,025 capital. ROI tracks 22.66% on current figures, and rental yield reads 8.23% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 117.46% and total cumulative return in cash sums $136,286. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,399/mo property income instead of your personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28374, Pinehurst, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,441 (100%) |
| Owner Occupied HU | 7,889 (69.0%) |
| Renter Occupied HU | 1,801 (15.7%) |
| Vacant Housing Units | 1,751 (15.3%) |
| Median Home Value | $499,597 |
| Average Home Value | $589,795 |
Housing Distribution
Address Breakdown
Residential
9,306
Single Family
9,258
Multi-Family
48
Businesses
678
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Listed by: Victoria Adkins • Coldwell Banker Advantage
Mls Name: Coldwell Banker Advantage
Mls ID: #100543284