156 Grace WayAraratNC27007
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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 Ararat at 156 Grace Way, Ararat, NC, 27007 at $479,900 posts ROI -2.15% with from $0/mo rent. Total monthly income equals $0/mo. Return on cash invested measures -2.15% and rental yield reads 0% at the current $479,900. Equity gained on principal adds $3,097/yr, and 5% annual appreciation supports $132,588 by year five. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $0/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2012
13.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27007, Ararat, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 937 (100%) |
| Owner Occupied HU | 677 (72.3%) |
| Renter Occupied HU | 140 (14.9%) |
| Vacant Housing Units | 120 (12.8%) |
| Median Home Value | $228,650 |
| Average Home Value | $259,564 |
Housing Distribution
Address Breakdown
Residential
854
Single Family
854
Multi-Family
0
Businesses
30
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Chris Hockenbury • Basin Creek Realty
Mls Name: Triad MLS
Mls ID: #1195229