Landon Plan, Northwyck DrivePikevilleNC27863
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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
Rental property for sale in Pikeville at Landon Plan, Northwyck Drive, Pikeville, NC, 27863 offers $1,440/mo rent that, after a $1,424/mo payment. Total monthly income is $1,440/mo. Return on cash invested measures 15.76% in year one, and rental yield stands at 5.94% at a $290,999 entry. Equity gained on principal adds $1,878/yr while 5% annual appreciation compounds into $80,398 by year five. Five-year ROI records 80.49% and total cumulative return in cash reaches $77,646. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,440/mo property income versus a $1,424/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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 • Foundation Homebuilders
Mls Name: Foundation Homebuilders
Mls ID: #N/A