106 Grants Home TrlAraratNC27007
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
Investment property for sale in Ararat at 106 Grants Home Trl, Ararat, NC, 27007 with 5% annual appreciation on a $499,500 basis while $3,295/mo rent supports operations. Total monthly income totals $3,295/mo and a $2,445/mo payment preserves $251/mo for cash returns. Annual cash flow comes to $3,007/yr on $165,584 deployed, and return on cash invested reaches 21.73% in year one. Equity gained on principal adds $3,223/yr, and five-year appreciation sums $138,003 alongside rental yield of 7.92%. Five-year ROI measures 112.46% and total cumulative return in cash totals $186,211.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,295/mo property income versus a $2,445/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
0.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27007, Ararat, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 937 (100%) |
| Owner Occupied HU | 677 (72.3%) |
| Renter Occupied HU | 140 (14.9%) |
| Vacant Housing Units | 120 (12.8%) |
| Median Home Value | $228,650 |
| Average Home Value | $259,564 |
Housing Distribution
Address Breakdown
Residential
854
Single Family
854
Multi-Family
0
Businesses
30
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rebecca Lynch • Lynch Realty & Associates
Mls Name: Triad MLS
Mls ID: #1205961