34 Johnston StPittsboroNC27312
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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
Rental property for sale in Pittsboro at 34 Johnston St, Pittsboro, NC, 27312 generates $2,250/mo in rent and, after a $1,651/mo payment, leaves $149/mo in cash flow. Total monthly income is $2,250/mo, and annual cash flow is $1,784/yr on $111,815 invested. Return on cash invested sits at 21.5% in year one, and rental yield is 8% on a $337,300 entry. Equity gained on principal adds $2,177/yr, while 5% annual appreciation builds toward $93,190 over five years. Five-year ROI reaches 111.46% and total cumulative return in cash sums $124,631. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,250/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
7,405 sqft 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
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Listed by: Pat Dillon • Nest Realty of the Triangle
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10094389
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.