Rachel Plan, Edgerton Farm EstatesPikevilleNC27863
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 Pikeville at Rachel Plan, Edgerton Farm Estates, Pikeville, NC, 27863 priced at $289,000 converts $2,269/mo rent into $499/mo cash flow after a $1,415/mo obligation. Total monthly income equals $2,269/mo, and annual cash flow totals $5,990/yr on $95,804 invested. Return on cash invested prints 26.16% in year one, and rental yield reads 9.42% against a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation compiles into $79,845 by year five. Five-year ROI reaches 136.33% and total cumulative return in cash sums $130,610. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,269/mo property income covering a $1,415/mo payment, not borrower’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
$8 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • The Linsey Dale Team
Mls Name: The Linsey Dale Team
Mls Provider:
Mls ID: #N/A