9 Pine Court DrSiler CityNC27344
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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 Siler City at 9 Pine Court Dr, Siler City, NC, 27344 priced at $535,000 converts $3,403/mo rent into $142/mo cash flow after a $2,619/mo obligation. Total monthly income equals $3,403/mo, and annual cash flow totals $1,704/yr on $176,015 invested. Return on cash invested prints 21.03% in year one, and rental yield reads 7.63% against a $535,000 entry. Equity gained on principal adds $3,452/yr, while 5% annual appreciation compiles into $147,811 by year five. Five-year ROI reaches 108.68% and total cumulative return in cash sums $191,284. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,403/mo property income covering a $2,619/mo payment, not borrower’s personal income.
Single Family
Built in 1992
1.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27344, Siler City, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,613 (100%) |
| Owner Occupied HU | 4,743 (62.3%) |
| Renter Occupied HU | 2,234 (29.3%) |
| Vacant Housing Units | 636 ( 8.4%) |
| Median Home Value | $231,846 |
| Average Home Value | $346,698 |
Housing Distribution
Address Breakdown
Residential
7,070
Single Family
6,369
Multi-Family
701
Businesses
671
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Listed by: Cynthia Dameron • Realty World Carolina Prop
Mls Name: Doorify MLS
Mls ID: #10107295