39 Deer Forest LanePiney CreekNC28663
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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 Piney Creek at 39 Deer Forest Lane, Piney Creek, NC, 28663 listed at $570,000 pairs $2,078/mo rent with a $2,790/mo payment. Total monthly income runs $2,078/mo. Return on cash invested measures 10.65% in year one, and rental yield registers 4.37% at a $570,000 basis. Equity gained on principal adds $3,678/yr, and annual property appreciation at 5% supports $157,480 by year five. Five-year ROI tracks 53.25% and total cumulative return in cash totals $99,865. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,078/mo property income relative to a $2,790/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
2.32 Acres lot
$N/A/sqft
$887 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28663, Piney Creek, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 613 (100%) |
| Owner Occupied HU | 252 (41.1%) |
| Renter Occupied HU | 51 ( 8.3%) |
| Vacant Housing Units | 310 (50.6%) |
| Median Home Value | $318,333 |
| Average Home Value | $401,726 |
Housing Distribution
Address Breakdown
Residential
478
Single Family
478
Multi-Family
0
Businesses
14
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Listed by: Cheryl Mitchell • Foxfire Realty
Mls Name: High Country AOR
Mls Provider:
Mls ID: #255574
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.