1807 Fox Den Way UNIT 2GreenvilleNC27858
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Greenville at 1807 Fox Den Way UNIT 2, Greenville, NC, 27858 uses $94,478 cash to close to unlock $3,372/yr annual cash flow and $281/mo monthly cash flow. Total monthly income runs $2,197/mo, and a $1,395/mo payment keeps the spread at $281/mo. Purchase price stands at $285,000, and rental yield measures 9.25% with $2,197/mo rent. Return on cash invested shows 23.48% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 122.66% and total cumulative return in cash records $115,890. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,197/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Townhouse
Built in 2020
2,613 sqft lot
$N/A/sqft
$2,148 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27858, Greenville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,836 (100%) |
| Owner Occupied HU | 11,801 (40.9%) |
| Renter Occupied HU | 11,729 (40.7%) |
| Vacant Housing Units | 5,306 (18.4%) |
| Median Home Value | $302,085 |
| Average Home Value | $328,010 |
Housing Distribution
Address Breakdown
Residential
25,796
Single Family
21,115
Multi-Family
4,681
Businesses
1,678
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Iliana Nunez • United Real Estate East Carolina
Mls Name: NCRMLS
Mls Provider:
Mls ID: #100469602
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange program of North Carolina Regional MLS LLC, and is updated as of 2024-02-16 15:12:29 PST. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 2024 North Carolina Regional MLS LLC