401 Longwood DrPinetopsNC27864
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Pinetops at 401 Longwood Dr, Pinetops, NC, 27864 priced at $465,000 converts $1,766/mo rent into after a $2,276/mo obligation. Total monthly income equals $1,766/mo. Return on cash invested prints 11.59% in year one, and rental yield reads 4.56% against a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation compiles into $128,471 by year five. Five-year ROI reaches 58.13% and total cumulative return in cash sums $89,603. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,766/mo property income covering a $2,276/mo payment, not borrower’s personal income.
Single Family
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27864, Pinetops, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,987 (100%) |
| Owner Occupied HU | 1,200 (60.4%) |
| Renter Occupied HU | 551 (27.7%) |
| Vacant Housing Units | 236 (11.9%) |
| Median Home Value | $129,234 |
| Average Home Value | $167,135 |
Housing Distribution
Address Breakdown
Residential
1,363
Single Family
1,338
Multi-Family
25
Businesses
106
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A