360 Ararat Longhill RdPilot MtnNC27041
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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 Pilot Mtn at 360 Ararat Longhill Rd, Pilot Mtn, NC, 27041 offers a 9.13% rental yield on a $210,000 purchase with $1,598/mo rent. Total monthly income registers $1,598/mo, and a $1,028/mo payment leaves $318/mo available for distribution. Annual cash flow reaches $3,816/yr on $69,615 to close, and return on cash invested stands at 25.39% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 132.11% and total cumulative return in cash at $91,972. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,598/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27041, Pilot Mountain, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,778 (100%) |
| Owner Occupied HU | 2,606 (69.0%) |
| Renter Occupied HU | 818 (21.7%) |
| Vacant Housing Units | 354 ( 9.4%) |
| Median Home Value | $265,686 |
| Average Home Value | $310,195 |
Housing Distribution
Address Breakdown
Residential
3,063
Single Family
3,063
Multi-Family
0
Businesses
298
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Nearby investment properties with comparable prices
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