503 Pittman DriveGreenvilleNC27834
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 503 Pittman Drive, Greenville, NC, 27834 in Greenville is listed at $135,000 and delivers $1,067/mo in rent and $244/mo in net monthly cash flow. The 9.48% yield and 1.76 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $37,298 over five years, and $1,243/yr in principal reduction supplements cash return. Total projected cumulative return: $66,842.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.2% |
| Monthly Cash Flow | $244 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,067 |
| Total Monthly Debt Service | $769 |
| DSCR Ratio | 1.39x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1960
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27834, Greenville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,275 (100%) |
| Owner Occupied HU | 10,394 (36.8%) |
| Renter Occupied HU | 14,525 (51.4%) |
| Vacant Housing Units | 3,356 (11.9%) |
| Median Home Value | $202,871 |
| Average Home Value | $256,226 |
Housing Distribution
Address Breakdown
Residential
26,516
Single Family
21,998
Multi-Family
4,518
Businesses
1,813
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
Single Family
Built in 1960
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27834, Greenville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,275 (100%) |
| Owner Occupied HU | 10,394 (36.8%) |
| Renter Occupied HU | 14,525 (51.4%) |
| Vacant Housing Units | 3,356 (11.9%) |
| Median Home Value | $202,871 |
| Average Home Value | $256,226 |
Housing Distribution
Address Breakdown
Residential
26,516
Single Family
21,998
Multi-Family
4,518
Businesses
1,813
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lenette Chapman • Century 21 The Realty Group
Mls Name: Hive MLS
Mls ID: #100553622