844 Windage WayPinevilleNC28134
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Pineville at 844 Windage Way, Pineville, NC, 28134 priced at $448,900 converts $2,903/mo rent into $167/mo cash flow after a $2,197/mo obligation. Total monthly income equals $2,903/mo, and annual cash flow totals $2,008/yr on $148,810 invested. Return on cash invested prints 21.26% in year one, and rental yield reads 7.76% against a $448,900 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation compiles into $124,023 by year five. Five-year ROI reaches 109.97% and total cumulative return in cash sums $163,652. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,903/mo property income covering a $2,197/mo payment, not borrower’s personal income.
Single Family
Built in 2022
0.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28134, Pineville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,633 (100%) |
| Owner Occupied HU | 3,327 (59.1%) |
| Renter Occupied HU | 2,112 (37.5%) |
| Vacant Housing Units | 194 ( 3.4%) |
| Median Home Value | $441,383 |
| Average Home Value | $466,942 |
Housing Distribution
Address Breakdown
Residential
5,912
Single Family
5,153
Multi-Family
759
Businesses
1,100
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Listed by: Michaela Scurlock • Scurlock Agency
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4321486