1016 Appaloosa TrlGrimeslandNC27837
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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 Grimesland at 1016 Appaloosa Trl, Grimesland, NC, 27837 at $441,900 posts ROI 12.49% with from $1,788/mo rent. Total monthly income equals $1,788/mo. Return on cash invested measures 12.49% and rental yield reads 4.86% at the current $441,900. Equity gained on principal adds $2,852/yr, and 5% annual appreciation supports $122,089 by year five. Five-year ROI prints 62.95% and total cumulative return in cash totals $92,215. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,788/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27837, Grimesland, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,607 (100%) |
| Owner Occupied HU | 1,902 (73.0%) |
| Renter Occupied HU | 424 (16.3%) |
| Vacant Housing Units | 281 (10.8%) |
| Median Home Value | $271,138 |
| Average Home Value | $270,935 |
Housing Distribution
Address Breakdown
Residential
2,440
Single Family
2,439
Multi-Family
1
Businesses
53
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Listed by: Tyre Realty Group • Caviness & Cates - Greenville Sales Office
Mls Name: Nexus MLS
Mls Provider:
Mls ID: #N370000000291
Disclaimer: Listing information is provided by the Nexus Multiple Listing Service. Property information is based on available data that may include MLS information, county records, and other sources. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 Nexus MLS. All rights are reserved.