367 Fast Pitch LnFour OaksNC27524
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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 Four Oaks at 367 Fast Pitch Ln, Four Oaks, NC, 27524 priced at $429,000 converts $2,222/mo rent into after a $2,100/mo obligation. Total monthly income equals $2,222/mo. Return on cash invested prints 15.88% in year one, and rental yield reads 6.22% against a $429,000 entry. Equity gained on principal adds $2,768/yr, while 5% annual appreciation compiles into $118,525 by year five. Five-year ROI reaches 81.39% and total cumulative return in cash sums $115,741. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,222/mo property income covering a $2,100/mo payment, not borrower’s personal income.
Single Family
Built in 2023
0.48 Acres lot
$N/A/sqft
$1,020 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27524, Four Oaks, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,015 (100%) |
| Owner Occupied HU | 3,975 (66.1%) |
| Renter Occupied HU | 1,532 (25.5%) |
| Vacant Housing Units | 508 ( 8.4%) |
| Median Home Value | $297,490 |
| Average Home Value | $317,375 |
Housing Distribution
Address Breakdown
Residential
5,504
Single Family
5,470
Multi-Family
34
Businesses
220
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Listed by: Mollie Nicole Miller • Real Broker, LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10115378
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.