100 Grove LnGoldsboroNC27534
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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 Goldsboro at 100 Grove Ln, Goldsboro, NC, 27534 offers $1,920/mo rent that, after a $1,409/mo payment, leaves $166/mo cash flow. Total monthly income is $1,920/mo, and annual cash flow is $1,986/yr on $95,439 cash. Return on cash invested measures 21.99% in year one, and rental yield stands at 8% at a $287,900 entry. Equity gained on principal adds $1,858/yr while 5% annual appreciation compounds into $79,541 by year five. Five-year ROI records 113.9% and total cumulative return in cash reaches $108,701. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,920/mo property income versus a $1,409/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: 27534, Goldsboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,830 (100%) |
| Owner Occupied HU | 7,559 (51.0%) |
| Renter Occupied HU | 5,745 (38.7%) |
| Vacant Housing Units | 1,526 (10.3%) |
| Median Home Value | $234,896 |
| Average Home Value | $255,865 |
Housing Distribution
Address Breakdown
Residential
15,246
Single Family
13,036
Multi-Family
2,210
Businesses
1,207
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Listed by: Sam DeStefano • DR Horton-Terramor Homes, LLC
Mls Name: Doorify MLS
Mls ID: #10102669