36 Elkton DrivePinehurstNC28374
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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 Pinehurst at 36 Elkton Drive, Pinehurst, NC, 28374 listed at $1,525,000 pairs $4,679/mo rent with a $7,464/mo payment. Total monthly income runs $4,679/mo. Return on cash invested measures 9.16% in year one, and rental yield registers 3.68% at a $1,525,000 basis. Equity gained on principal adds $9,841/yr, and annual property appreciation at 5% supports $421,329 by year five. Five-year ROI tracks 44.98% and total cumulative return in cash totals $222,240. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,679/mo property income relative to a $7,464/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28374, Pinehurst, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,441 (100%) |
| Owner Occupied HU | 7,889 (69.0%) |
| Renter Occupied HU | 1,801 (15.7%) |
| Vacant Housing Units | 1,751 (15.3%) |
| Median Home Value | $499,597 |
| Average Home Value | $589,795 |
Housing Distribution
Address Breakdown
Residential
9,306
Single Family
9,258
Multi-Family
48
Businesses
678
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Listed by: Deborah K Davis • Colony Partners
Mls Name: Hive MLS
Mls ID: #100528248