800 Saint Andrews Drive # 232PinehurstNC28374
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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 Pinehurst at 800 Saint Andrews Drive # 232, Pinehurst, NC, 28374 offers a 6.33% rental yield on a $390,000 purchase with $2,057/mo rent. 94% in year one. Equity gained on principal adds $2,517/yr while 5% annual appreciation supports $107,750 over five years. Portfolio math shows five-year ROI at 86.78% and total cumulative return in cash at $112,196. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,057/mo property income against a $1,909/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28374, Pinehurst, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,441 (100%) |
| Owner Occupied HU | 7,889 (69.0%) |
| Renter Occupied HU | 1,801 (15.7%) |
| Vacant Housing Units | 1,751 (15.3%) |
| Median Home Value | $499,597 |
| Average Home Value | $589,795 |
Housing Distribution
Address Breakdown
Residential
9,306
Single Family
9,258
Multi-Family
48
Businesses
678
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Listed by: Julia Lattarulo • Keller Williams Pinehurst
Mls Name: Hive MLS
Mls ID: #100543599