6400 Pine Ridge RoadFaisonNC28341
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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 Faison at 6400 Pine Ridge Road, Faison, NC, 28341 at $252,500 posts ROI -2.15% with from $0/mo rent. Total monthly income equals $0/mo. Return on cash invested measures -2.15% and rental yield reads 0% at the current $252,500. Equity gained on principal adds $1,629/yr, and 5% annual appreciation supports $69,761 by year five. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $0/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2024
6.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28341, Faison, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,705 (100%) |
| Owner Occupied HU | 965 (56.6%) |
| Renter Occupied HU | 411 (24.1%) |
| Vacant Housing Units | 329 (19.3%) |
| Median Home Value | $166,023 |
| Average Home Value | $191,585 |
Housing Distribution
Address Breakdown
Residential
1,404
Single Family
1,378
Multi-Family
26
Businesses
83
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Kenneth D McLamb • Southern Heritage Realty LLC
Mls Name: Hive MLS
Mls Provider:
Mls ID: #100473907
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 2024-10-17 08:18:46 PDT. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 2024-10-17 08:18:46 PDT Hive MLS