951 Sparrows Nest LnPinevilleNC28134
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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
Investment property for sale in Pineville at 951 Sparrows Nest Ln, Pineville, NC, 28134 earns $650/mo cash flow from $2,844/mo rent with a $1,762/mo payment. Total monthly income totals $2,844/mo, and annual cash flow totals $7,800/yr on $119,340 capital. ROI tracks 26.44% on current figures, and rental yield reads 9.48% at a $360,000 purchase. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 over five years. Five-year ROI reaches 137.77% and total cumulative return in cash sums $164,409. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,844/mo property income instead of your personal income.
Townhouse
Built in 2000
0.05 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: Rhonda Westervelt • Keller Williams Ballantyne Area
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4291208