309 Cornith RdPembrokeNC28372
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Pembroke at 309 Cornith Rd, Pembroke, NC, 28372 at $359,900 posts ROI 15.11% with from $1,717/mo rent. Total monthly income equals $1,717/mo. Return on cash invested measures 15.11% and rental yield reads 5.72% at the current $359,900. Equity gained on principal adds $2,322/yr, and 5% annual appreciation supports $99,434 by year five. Five-year ROI prints 77.03% and total cumulative return in cash totals $91,898. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,717/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1964
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28372, Pembroke, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,141 (100%) |
| Owner Occupied HU | 2,958 (57.5%) |
| Renter Occupied HU | 1,836 (35.7%) |
| Vacant Housing Units | 347 ( 6.7%) |
| Median Home Value | $145,486 |
| Average Home Value | $167,226 |
Housing Distribution
Address Breakdown
Residential
4,351
Single Family
3,576
Multi-Family
775
Businesses
344
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: BRIAN BREWINGTON • 1ST CHOICE REAL ESTATE
Mls Name: LPRMLS
Mls ID: #746618