3164 Graceland Cir #6APinevilleNC28134
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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 Pineville at 3164 Graceland Cir #6A, Pineville, NC, 28134 uses $139,230 cash to close to unlock $3,408/yr annual cash flow and $284/mo monthly cash flow. Total monthly income runs $2,844/mo, and a $2,056/mo payment keeps the spread at $284/mo. Purchase price stands at $420,000, and rental yield measures 8.13% with $2,844/mo rent. Return on cash invested shows 22.36% in year one, and 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 115.84% and total cumulative return in cash records $161,287. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,844/mo property income covering a $2,056/mo payment rather than investor’s personal income.
Townhouse
Built in 2018
0.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28134, Pineville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,633 (100%) |
| Owner Occupied HU | 3,327 (59.1%) |
| Renter Occupied HU | 2,112 (37.5%) |
| Vacant Housing Units | 194 ( 3.4%) |
| Median Home Value | $441,383 |
| Average Home Value | $466,942 |
Housing Distribution
Address Breakdown
Residential
5,912
Single Family
5,153
Multi-Family
759
Businesses
1,100
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Listed by: Penny Higdon • Century 21 Providence Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4303742