Calhoun II Plan, Preston ParkPinevilleNC28134
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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 Pineville at Calhoun II Plan, Preston Park, Pineville, NC, 28134 with 5% annual appreciation on a $467,990 basis while $3,068/mo rent supports operations. Total monthly income totals $3,068/mo and a $2,291/mo payment preserves $215/mo for cash returns. Annual cash flow comes to $2,585/yr on $155,139 deployed, and return on cash invested reaches 21.58% in year one. Equity gained on principal adds $3,020/yr, and five-year appreciation sums $129,297 alongside rental yield of 7.87%. Five-year ROI measures 111.67% and total cumulative return in cash totals $173,246.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,068/mo property income versus a $2,291/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
N/A 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: Sam Osteen • Meritage Homes
Mls Name: Meritage Homes
Mls Provider:
Mls ID: #N/A