2869 Millwheel RdPfafftownNC27040
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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 Pfafftown at 2869 Millwheel Rd, Pfafftown, NC, 27040 listed at $135,000 pairs $1,076/mo rent with a $661/mo payment to leave $253/mo cash flow. Total monthly income runs $1,076/mo, and annual cash flow reaches $3,036/yr on $44,753 cash to close. Return on cash invested measures 26.69% in year one, and rental yield registers 9.56% at a $135,000 basis. Equity gained on principal adds $871/yr, and annual property appreciation at 5% supports $37,298 by year five. Five-year ROI tracks 139.11% and total cumulative return in cash totals $62,257. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,076/mo property income relative to a $661/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1980
1.05 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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Listed by: Blake Ginther • Keller Williams Realty Elite
Mls Name: Triad MLS
Mls ID: #1205906