Grace L Plan, Emerson FieldsPikevilleNC27863
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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 Pikeville at Grace L Plan, Emerson Fields, Pikeville, NC, 27863 listed at $319,900 pairs $2,302/mo rent with a $1,566/mo payment to leave $323/mo cash flow. Total monthly income runs $2,302/mo, and annual cash flow reaches $3,877/yr on $106,047 cash to close. Return on cash invested measures 23.57% in year one, and rental yield registers 8.64% at a $319,900 basis. Equity gained on principal adds $2,064/yr, and annual property appreciation at 5% supports $88,382 by year five. Five-year ROI tracks 122.49% and total cumulative return in cash totals $129,896. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,302/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
N/A lot
$N/A/sqft
$29 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27863, Pikeville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,537 (100%) |
| Owner Occupied HU | 3,944 (71.2%) |
| Renter Occupied HU | 1,100 (19.9%) |
| Vacant Housing Units | 493 ( 8.9%) |
| Median Home Value | $215,691 |
| Average Home Value | $220,096 |
Housing Distribution
Address Breakdown
Residential
5,248
Single Family
5,248
Multi-Family
0
Businesses
152
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Listed by: N/A • The Beth Hines Team
Mls Name: The Beth Hines Team
Mls ID: #N/A