121 Old Tiger TrailGlenvilleNC28736
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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 Glenville at 121 Old Tiger Trail, Glenville, NC, 28736 uses $200,657 cash to close to unlock $5,989/yr annual cash flow and $499/mo monthly cash flow. Total monthly income runs $4,216/mo, and a $2,985/mo payment keeps the spread at $499/mo. Purchase price stands at $609,900, and rental yield measures 8.3% with $4,216/mo rent. Return on cash invested shows 23.05% in year one, and 5% annual appreciation builds toward $168,504 over five years. Five-year ROI reaches 119.52% and total cumulative return in cash records $239,820. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,216/mo property income covering a $2,985/mo payment rather than investor’s personal income.
Single Family
Built in 2004
5.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28736, Glenville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,223 (100%) |
| Owner Occupied HU | 355 (29.0%) |
| Renter Occupied HU | 100 ( 8.2%) |
| Vacant Housing Units | 768 (62.8%) |
| Median Home Value | $439,063 |
| Average Home Value | $540,718 |
Housing Distribution
Address Breakdown
Residential
413
Single Family
413
Multi-Family
0
Businesses
52
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Listed by: Tonya Hensley • LANDMARK REALTY GROUP, LLC - FA
Mls Name: HCMLS
Mls ID: #106212
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.