927 Pike RdSiler 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
Investment property for sale in Siler City at 927 Pike Rd, Siler City, NC, 27344 offers a 13.05% rental yield on a $199,900 purchase with $2,174/mo rent. Total monthly income registers $2,174/mo, and a $978/mo payment leaves $956/mo available for distribution. Annual cash flow reaches $11,473/yr on $66,267 to close, and return on cash invested stands at 37.22% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 195.63% and total cumulative return in cash at $129,637. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,174/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1999
2.09 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: Deborah Perry • Great State Real Estate
Mls Name: Triad MLS
Mls ID: #1201761