55 Dewberry CtPelhamNC27311
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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
Rental property for sale in Pelham at 55 Dewberry Ct, Pelham, NC, 27311 priced at $165,000 converts $1,302/mo rent into $296/mo cash flow after a $808/mo obligation. Total monthly income equals $1,302/mo, and annual cash flow totals $3,552/yr on $54,698 invested. Return on cash invested prints 26.4% in year one, and rental yield reads 9.47% against a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation compiles into $45,586 by year five. Five-year ROI reaches 137.56% and total cumulative return in cash sums $75,239. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,302/mo property income covering a $808/mo payment, not borrower’s personal income.
Single Family
Built in 2000
1.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27311, Pelham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,732 (100%) |
| Owner Occupied HU | 1,161 (67.0%) |
| Renter Occupied HU | 344 (19.9%) |
| Vacant Housing Units | 227 (13.1%) |
| Median Home Value | $157,488 |
| Average Home Value | $194,356 |
Housing Distribution
Address Breakdown
Residential
1,573
Single Family
1,573
Multi-Family
0
Businesses
57
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Listed by: Drew S. Anderson • Anderson Realty
Mls Name: South Central AOR VA
Mls Provider:
Mls ID: #54213
Disclaimer: Copyright of the South Central Association of Realtors. All rights reserved.Information is deemed reliable but not guaranteed.