374 Crimson WayPittsboroNC27312
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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 374 Crimson Way, Pittsboro, NC, 27312 offers $5,988/mo rent that, after a $5,134/mo payment. Total monthly income is $5,988/mo. Return on cash invested measures 18.56% in year one, and rental yield stands at 6.85% at a $1,049,000 entry. Equity gained on principal adds $6,769/yr while 5% annual appreciation compounds into $289,819 by year five. Five-year ROI records 95.51% and total cumulative return in cash reaches $324,604. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,988/mo property income versus a $5,134/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
1.51 Acres lot
$N/A/sqft
$109 monthly 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: Rob Partin • Fonville Morisey/Stonehenge Sa
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10101697
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.