THEODORE Plan, Corbett LandingPittsboroNC27312
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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 Pittsboro at THEODORE Plan, Corbett Landing, Pittsboro, NC, 27312 offers a 6.71% rental yield on a $933,600 purchase with $5,218/mo rent. 21% in year one. Equity gained on principal adds $6,024/yr while 5% annual appreciation supports $257,936 over five years. Portfolio math shows five-year ROI at 93.6% and total cumulative return in cash at $287,497. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,218/mo property income against a $4,570/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27312, Pittsboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,378 (100%) |
| Owner Occupied HU | 9,139 (73.8%) |
| Renter Occupied HU | 2,324 (18.8%) |
| Vacant Housing Units | 915 ( 7.4%) |
| Median Home Value | $487,766 |
| Average Home Value | $531,267 |
Housing Distribution
Address Breakdown
Residential
11,312
Single Family
9,514
Multi-Family
1,798
Businesses
810
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Listed by: Mary Jo Young • Drees Homes
Mls Name: Drees Homes
Mls Provider:
Mls ID: #N/A