9775 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 9775 State Highway 700, Pelham, NC, 27311 listed at $204,900 pairs $1,474/mo rent with a $1,003/mo payment to leave $225/mo cash flow. Total monthly income runs $1,474/mo, and annual cash flow reaches $2,701/yr on $67,924 cash to close. Return on cash invested measures 23.89% in year one, and rental yield registers 8.63% at a $204,900 basis. Equity gained on principal adds $1,322/yr, and annual property appreciation at 5% supports $56,610 by year five. Five-year ROI tracks 124.11% and total cumulative return in cash totals $84,298. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,474/mo property income relative to a $1,003/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
0.49 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: Christen Hammock • WILKINS & CO., REALTORS, INC.
Mls Name: Dan River Region AOR
Mls Provider:
Mls ID: #74190
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.