132 Grady AveTryonNC28782
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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 Tryon at 132 Grady Ave, Tryon, NC, 28782 earns $413/mo cash flow from $2,845/mo rent with a $1,953/mo payment. Total monthly income totals $2,845/mo, and annual cash flow totals $4,958/yr on $132,269 capital. ROI tracks 23.66% on current figures, and rental yield reads 8.56% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 122.85% and total cumulative return in cash sums $162,494. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,845/mo property income instead of your personal income.
Single Family
Built in 1910
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28782, Tryon, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,533 (100%) |
| Owner Occupied HU | 2,164 (61.3%) |
| Renter Occupied HU | 699 (19.8%) |
| Vacant Housing Units | 670 (19.0%) |
| Median Home Value | $417,073 |
| Average Home Value | $467,884 |
Housing Distribution
Address Breakdown
Residential
3,199
Single Family
3,165
Multi-Family
34
Businesses
332
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Listed by: Sally Irwin • Real Broker, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4308243