1161 Glory Vine RdWhitsettNC27377
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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 Whitsett at 1161 Glory Vine Rd, Whitsett, NC, 27377 offers a 11.42% rental yield on a $225,000 purchase with $2,142/mo rent. Total monthly income registers $2,142/mo, and a $1,101/mo payment leaves $771/mo available for distribution. Annual cash flow reaches $9,252/yr on $74,588 to close, and return on cash invested stands at 32.31% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 169.23% and total cumulative return in cash at $126,225. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,142/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2004
0.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27377, Whitsett, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,375 (100%) |
| Owner Occupied HU | 3,916 (72.9%) |
| Renter Occupied HU | 1,215 (22.6%) |
| Vacant Housing Units | 244 ( 4.5%) |
| Median Home Value | $323,252 |
| Average Home Value | $339,930 |
Housing Distribution
Address Breakdown
Residential
5,235
Single Family
4,215
Multi-Family
1,020
Businesses
197
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Listed by: Sherri Hill • eXp Realty
Mls Name: Triad MLS
Mls ID: #1205717