307 Coffman Drive Lot 130PikevilleNC27863
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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 Pikeville at 307 Coffman Drive Lot 130, Pikeville, NC, 27863 earns from $2,503/mo rent with a $2,153/mo payment. Total monthly income totals $2,503/mo. ROI tracks 18.45% on current figures, and rental yield reads 6.83% at a $439,900 purchase. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,536 over five years. Five-year ROI reaches 94.89% and total cumulative return in cash sums $138,375. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,503/mo property income instead of your personal income.
Single Family
Built in 2025
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27863, Pikeville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,537 (100%) |
| Owner Occupied HU | 3,944 (71.2%) |
| Renter Occupied HU | 1,100 (19.9%) |
| Vacant Housing Units | 493 ( 8.9%) |
| Median Home Value | $215,691 |
| Average Home Value | $220,096 |
Housing Distribution
Address Breakdown
Residential
5,248
Single Family
5,248
Multi-Family
0
Businesses
152
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Listed by: Rodney Carroll • HomeTowne Realty
Mls Name: Hive MLS
Mls ID: #100539888