7 Tallgrass RdPittsboroNC27312
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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 Pittsboro at 7 Tallgrass Rd, Pittsboro, NC, 27312 priced at $493,930 converts $2,874/mo rent into after a $2,418/mo obligation. Total monthly income equals $2,874/mo. Return on cash invested prints 18.91% in year one, and rental yield reads 6.98% against a $493,930 entry. Equity gained on principal adds $3,187/yr, while 5% annual appreciation compiles into $136,464 by year five. Five-year ROI reaches 97.36% and total cumulative return in cash sums $159,418. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,874/mo property income covering a $2,418/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27312, Pittsboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,378 (100%) |
| Owner Occupied HU | 9,139 (73.8%) |
| Renter Occupied HU | 2,324 (18.8%) |
| Vacant Housing Units | 915 ( 7.4%) |
| Median Home Value | $487,766 |
| Average Home Value | $531,267 |
Housing Distribution
Address Breakdown
Residential
11,312
Single Family
9,514
Multi-Family
1,798
Businesses
810
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Listed by: N/A • David Weekley Homes
Mls Name: David Weekley Homes
Mls Provider:
Mls ID: #N/A