109 White Rock RdGroverNC28073
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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 Grover at 109 White Rock Rd, Grover, NC, 28073 earns $144/mo cash flow from $1,880/mo rent with a $1,394/mo payment. Total monthly income totals $1,880/mo, and annual cash flow totals $1,729/yr on $94,444 capital. ROI tracks 21.74% on current figures, and rental yield reads 7.92% at a $284,900 purchase. Equity gained on principal adds $1,838/yr, and 5% annual appreciation supports $78,713 over five years. Five-year ROI reaches 112.57% and total cumulative return in cash sums $106,319. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,880/mo property income instead of your personal income.
Single Family
Built in 1978
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28073, Grover, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,495 (100%) |
| Owner Occupied HU | 1,571 (63.0%) |
| Renter Occupied HU | 726 (29.1%) |
| Vacant Housing Units | 198 ( 7.9%) |
| Median Home Value | $251,122 |
| Average Home Value | $240,159 |
Housing Distribution
Address Breakdown
Residential
2,157
Single Family
2,157
Multi-Family
0
Businesses
92
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Listed by: Ashley Parks • RE/MAX Crossroads
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4286697