317 Wood RdPittsboroNC27312
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 Pittsboro at 317 Wood Rd, Pittsboro, NC, 27312 with 5% annual appreciation on a $321,000 basis while $2,758/mo rent supports operations. Total monthly income totals $2,758/mo and a $1,571/mo payment preserves $802/mo for cash returns. Annual cash flow comes to $9,622/yr on $106,412 deployed, and return on cash invested reaches 28.95% in year one. Equity gained on principal adds $2,071/yr, and five-year appreciation sums $88,686 alongside rental yield of 10.31%. Five-year ROI measures 151.21% and total cumulative return in cash totals $160,901.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,758/mo property income versus a $1,571/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2000
4.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27312, Pittsboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,378 (100%) |
| Owner Occupied HU | 9,139 (73.8%) |
| Renter Occupied HU | 2,324 (18.8%) |
| Vacant Housing Units | 915 ( 7.4%) |
| Median Home Value | $487,766 |
| Average Home Value | $531,267 |
Housing Distribution
Address Breakdown
Residential
11,312
Single Family
9,514
Multi-Family
1,798
Businesses
810
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Terri McCall • Chatham Homes Realty
Mls Name: Doorify MLS
Mls ID: #10111963