4237 Henderson PlPittsboroNC27312
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 Pittsboro at 4237 Henderson Pl, Pittsboro, NC, 27312 priced at $1,259,000 converts $4,061/mo rent into after a $6,162/mo obligation. Total monthly income equals $4,061/mo. Return on cash invested prints 9.45% in year one, and rental yield reads 3.87% against a $1,259,000 entry. Equity gained on principal adds $8,124/yr, while 5% annual appreciation compiles into $347,838 by year five. Five-year ROI reaches 46.65% and total cumulative return in cash sums $190,279. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,061/mo property income covering a $6,162/mo payment, not borrower’s personal income.
Single Family
Built in 2017
0.99 Acres lot
$N/A/sqft
$1,200 annually 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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Nearby investment properties with comparable prices
Listed by: Dottie Willard • Berkshire Hathaway HomeService
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10056106
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