114 Serenity Ln #2GarysburgNC27831
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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 Garysburg at 114 Serenity Ln #2, Garysburg, NC, 27831 earns $268/mo cash flow from $1,853/mo rent with a $1,273/mo payment. Total monthly income totals $1,853/mo, and annual cash flow totals $3,216/yr on $86,190 capital. ROI tracks 23.64% on current figures, and rental yield reads 8.55% at a $260,000 purchase. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 over five years. Five-year ROI reaches 122.71% and total cumulative return in cash sums $105,761. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,853/mo property income instead of your personal income.
Multi Family
Built in 1996
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27831, Garysburg, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,724 (100%) |
| Owner Occupied HU | 896 (52.0%) |
| Renter Occupied HU | 443 (25.7%) |
| Vacant Housing Units | 385 (22.3%) |
| Median Home Value | $88,108 |
| Average Home Value | $139,821 |
Housing Distribution
Address Breakdown
Residential
866
Single Family
866
Multi-Family
0
Businesses
34
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Listed by: Kia Settles • eXp Realty, LLC-(C)
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #138433
Disclaimer: Copyright Roanoke Valley Lake Gaston Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.