346 Pine Laurel DriveCarthageNC28327
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
Rental property for sale in Carthage at 346 Pine Laurel Drive, Carthage, NC, 28327 offers $3,436/mo rent that, after a $2,789/mo payment. Total monthly income is $3,436/mo. Return on cash invested measures 19.66% in year one, and rental yield stands at 7.23% at a $569,900 entry. Equity gained on principal adds $3,677/yr while 5% annual appreciation compounds into $157,453 by year five. Five-year ROI records 101.45% and total cumulative return in cash reaches $190,218. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,436/mo property income versus a $2,789/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
0.54 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28327, Carthage, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,399 (100%) |
| Owner Occupied HU | 6,960 (74.1%) |
| Renter Occupied HU | 1,568 (16.7%) |
| Vacant Housing Units | 871 ( 9.3%) |
| Median Home Value | $388,515 |
| Average Home Value | $417,577 |
Housing Distribution
Address Breakdown
Residential
7,744
Single Family
7,726
Multi-Family
18
Businesses
386
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Listed by: Leigh Amigo • Keller Williams Pinehurst
Mls Name: Hive MLS
Mls Provider:
Mls ID: #100531070
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 2025-09-18 08:09:21 PDT. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 2025-09-18 08:09:21 PDT Hive MLS