9729 State Highway 700PelhamNC27311
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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 Pelham at 9729 State Highway 700, Pelham, NC, 27311 earns from $1,424/mo rent with a $1,370/mo payment. Total monthly income totals $1,424/mo. ROI tracks 16.26% on current figures, and rental yield reads 6.11% at a $279,900 purchase. Equity gained on principal adds $1,806/yr, and 5% annual appreciation supports $77,331 over five years. Five-year ROI reaches 83.21% and total cumulative return in cash sums $77,209. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,424/mo property income instead of your personal income.
Single Family
Built in 1972
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27311, Pelham, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,732 (100%) |
| Owner Occupied HU | 1,161 (67.0%) |
| Renter Occupied HU | 344 (19.9%) |
| Vacant Housing Units | 227 (13.1%) |
| Median Home Value | $157,488 |
| Average Home Value | $194,356 |
Housing Distribution
Address Breakdown
Residential
1,573
Single Family
1,573
Multi-Family
0
Businesses
57
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Listed by: Tiffany Lattero • United Properties of NC
Mls Name: Triad MLS
Mls ID: #1204407