111 Pirate Quay Ln LOT 130GrandyNC27939
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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 Grandy at 111 Pirate Quay Ln LOT 130, Grandy, NC, 27939 earns $332/mo cash flow from $2,726/mo rent with a $1,923/mo payment. Total monthly income totals $2,726/mo, and annual cash flow totals $3,980/yr on $130,213 capital. ROI tracks 22.97% on current figures, and rental yield reads 8.33% at a $392,800 purchase. Equity gained on principal adds $2,535/yr, and 5% annual appreciation supports $108,523 over five years. Five-year ROI reaches 119.1% and total cumulative return in cash sums $155,087. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,726/mo property income instead of your personal income.
Single Family
Built in 2024
5,227 sqft 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
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Listed by: Tammy E Aycock • SAGA Realty and Construction
Mls Name: OBAR
Mls Provider:
Mls ID: #125437
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.