20 Archer StGranite FallsNC28630
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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 Granite Falls at 20 Archer St, Granite Falls, NC, 28630 uses $69,582 cash to close to unlock $3,241/yr annual cash flow and $270/mo monthly cash flow. Total monthly income runs $1,549/mo, and a $1,027/mo payment keeps the spread at $270/mo. Purchase price stands at $209,900, and rental yield measures 8.86% with $1,549/mo rent. Return on cash invested shows 24.57% in year one, and 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 127.75% and total cumulative return in cash records $88,892. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,549/mo property income covering a $1,027/mo payment rather than investor’s personal income.
Single Family
Built in 1924
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28630, Granite Falls, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,842 (100%) |
| Owner Occupied HU | 6,127 (69.3%) |
| Renter Occupied HU | 2,068 (23.4%) |
| Vacant Housing Units | 647 ( 7.3%) |
| Median Home Value | $268,612 |
| Average Home Value | $315,769 |
Housing Distribution
Address Breakdown
Residential
8,153
Single Family
8,048
Multi-Family
105
Businesses
440
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Listed by: April B Hewitt • Keller Williams Advantage
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4319834