637 River Country RoadPiney CreekNC28663
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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 Piney Creek at 637 River Country Road, Piney Creek, NC, 28663 priced at $309,000 pairs $0/mo rent with after a $1,512/mo payment. Total monthly income equals $0/mo. Return on cash invested is -2.15% in year one, and rental yield stands at 0% on a $309,000 basis. Equity gained on principal adds $1,994/yr, and 5% annual appreciation accumulates to $85,371 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $1,512/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2009
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28663, Piney Creek, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 613 (100%) |
| Owner Occupied HU | 252 (41.1%) |
| Renter Occupied HU | 51 ( 8.3%) |
| Vacant Housing Units | 310 (50.6%) |
| Median Home Value | $318,333 |
| Average Home Value | $401,726 |
Housing Distribution
Address Breakdown
Residential
478
Single Family
478
Multi-Family
0
Businesses
14
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No similar rental properties found nearby.
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Listed by: Dennis Deal • Keller Williams Elite Blue Ridge
Mls Name: High Country AOR
Mls ID: #257549