185 Grove Hill RdMaconNC27551
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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 Macon at 185 Grove Hill Rd, Macon, NC, 27551 with 5% annual appreciation on a $174,900 basis while $1,474/mo rent supports operations. Total monthly income totals $1,474/mo and a $856/mo payment preserves $408/mo for cash returns. Annual cash flow comes to $4,897/yr on $57,979 deployed, and return on cash invested reaches 28.36% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,322 alongside rental yield of 10.11%. Five-year ROI measures 148.09% and total cumulative return in cash totals $85,860.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,474/mo property income versus a $856/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1968
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27551, Macon, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,881 (100%) |
| Owner Occupied HU | 903 (48.0%) |
| Renter Occupied HU | 173 ( 9.2%) |
| Vacant Housing Units | 805 (42.8%) |
| Median Home Value | $409,574 |
| Average Home Value | $431,977 |
Housing Distribution
Address Breakdown
Residential
1,306
Single Family
1,306
Multi-Family
0
Businesses
41
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Listed by: Kurt Balok • The Ocean Group
Mls Name: Doorify MLS
Mls ID: #10132249