111 Mary Ann 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 111 Mary Ann Rd, Grover, NC, 28073 earns $246/mo cash flow from $1,160/mo rent with a $734/mo payment. Total monthly income totals $1,160/mo, and annual cash flow totals $2,952/yr on $49,725 capital. ROI tracks 25.85% on current figures, and rental yield reads 9.28% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 134.55% and total cumulative return in cash sums $66,906. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,160/mo property income instead of your personal income.
Single Family
Built in 1980
0.50 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: Sandy Clayton • Real Broker, LLC
Mls Name: Greater Greenville AOR
Mls ID: #1564820