431 S Pine StPrincetonNC27569
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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 Princeton at 431 S Pine St, Princeton, NC, 27569 listed at $179,000 pairs $1,933/mo rent with a $876/mo payment to leave $842/mo cash flow. Total monthly income runs $1,933/mo, and annual cash flow reaches $10,106/yr on $59,339 cash to close. Return on cash invested measures 36.94% in year one, and rental yield registers 12.96% at a $179,000 basis. Equity gained on principal adds $1,155/yr, and annual property appreciation at 5% supports $49,454 by year five. Five-year ROI tracks 194.12% and total cumulative return in cash totals $115,191. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,933/mo property income relative to a $876/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27569, Princeton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,904 (100%) |
| Owner Occupied HU | 2,615 (67.0%) |
| Renter Occupied HU | 989 (25.3%) |
| Vacant Housing Units | 300 ( 7.7%) |
| Median Home Value | $214,298 |
| Average Home Value | $253,631 |
Housing Distribution
Address Breakdown
Residential
3,577
Single Family
3,577
Multi-Family
0
Businesses
163
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Listed by: ADELA COSTELOW • COLDWELL BANKER ADVANTAGE #5 (SANFORD)
Mls Name: LPRMLS
Mls ID: #749865