5908 Millstone LnPfafftownNC27040
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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 Pfafftown at 5908 Millstone Ln, Pfafftown, NC, 27040 uses $90,168 cash to close to unlock $5,455/yr annual cash flow and $455/mo monthly cash flow. Total monthly income runs $2,112/mo, and a $1,331/mo payment keeps the spread at $455/mo. Purchase price stands at $272,000, and rental yield measures 9.32% with $2,112/mo rent. Return on cash invested shows 25.96% in year one, and 5% annual appreciation builds toward $75,149 over five years. Five-year ROI reaches 135.18% and total cumulative return in cash records $121,889. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,112/mo property income covering a $1,331/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27040, Pfafftown, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,524 (100%) |
| Owner Occupied HU | 4,632 (83.9%) |
| Renter Occupied HU | 562 (10.2%) |
| Vacant Housing Units | 330 ( 6.0%) |
| Median Home Value | $337,904 |
| Average Home Value | $381,062 |
Housing Distribution
Address Breakdown
Residential
5,291
Single Family
5,285
Multi-Family
6
Businesses
212
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Listed by: Amy Horne • Opendoor Brokerage LLC
Mls Name: Triad MLS
Mls ID: #1204645