Lindsay 1616 Plan, Pine Tree KnollsSelmaNC27576
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Selma at Lindsay 1616 Plan, Pine Tree Knolls, Selma, NC, 27576 priced at $324,900 converts $2,275/mo rent into $295/mo cash flow after a $1,590/mo obligation. Total monthly income equals $2,275/mo, and annual cash flow totals $3,541/yr on $107,704 invested. Return on cash invested prints 23.2% in year one, and rental yield reads 8.4% against a $324,900 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,764 by year five. Five-year ROI reaches 120.39% and total cumulative return in cash sums $129,665. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,275/mo property income covering a $1,590/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27576, Selma, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,396 (100%) |
| Owner Occupied HU | 5,180 (61.7%) |
| Renter Occupied HU | 2,695 (32.1%) |
| Vacant Housing Units | 521 ( 6.2%) |
| Median Home Value | $261,429 |
| Average Home Value | $291,801 |
Housing Distribution
Address Breakdown
Residential
7,805
Single Family
7,706
Multi-Family
99
Businesses
444
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Weaver Homes, Inc.
Mls Name: Weaver Homes, Inc.
Mls ID: #N/A