1310 Grandiflora Drive DriveLelandNC28451
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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
Rental property for sale in Leland at 1310 Grandiflora Drive Drive, Leland, NC, 28451 generates $3,648/mo in rent, after a $2,932/mo payment. Total monthly income is $3,648/mo. Return on cash invested sits at 20.04% in year one, and rental yield is 7.31% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 103.42% and total cumulative return in cash sums $203,818. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,648/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28451, Leland, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,676 (100%) |
| Owner Occupied HU | 15,987 (67.5%) |
| Renter Occupied HU | 5,229 (22.1%) |
| Vacant Housing Units | 2,460 (10.4%) |
| Median Home Value | $376,128 |
| Average Home Value | $424,214 |
Housing Distribution
Address Breakdown
Residential
22,396
Single Family
21,355
Multi-Family
1,041
Businesses
874
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Listed by: John A OConnor • The Saltwater Agency LLC
Mls Name: Hive MLS
Mls ID: #100536659