110 Mallard St LOT 6GrandyNC27939
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 Grandy at 110 Mallard St LOT 6, Grandy, NC, 27939 priced at $129,000 pairs $0/mo rent with after a $631/mo payment. Total monthly income equals $0/mo. Return on cash invested is -2.14% in year one, and rental yield stands at 0% on a $129,000 basis. Equity gained on principal adds $832/yr, and 5% annual appreciation accumulates to $35,640 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $631/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1972
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27939, Grandy, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,615 (100%) |
| Owner Occupied HU | 1,050 (65.0%) |
| Renter Occupied HU | 284 (17.6%) |
| Vacant Housing Units | 281 (17.4%) |
| Median Home Value | $338,732 |
| Average Home Value | $377,074 |
Housing Distribution
Address Breakdown
Residential
1,252
Single Family
1,252
Multi-Family
0
Businesses
73
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Listed by: Billy D Rich • The Rich Company of Ocracoke/OBX
Mls Name: OBAR
Mls Provider:
Mls ID: #129357
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.