205 Greystone DrKingNC27021
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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 King at 205 Greystone Dr, King, NC, 27021 with 5% annual appreciation on a $290,000 basis while $1,912/mo rent supports operations. Total monthly income totals $1,912/mo and a $1,419/mo payment preserves $145/mo for cash returns. Annual cash flow comes to $1,740/yr on $96,135 deployed, and return on cash invested reaches 21.72% in year one. Equity gained on principal adds $1,871/yr, and five-year appreciation sums $80,122 alongside rental yield of 7.91%. Five-year ROI measures 112.41% and total cumulative return in cash totals $108,064.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,912/mo property income versus a $1,419/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27021, King, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,033 (100%) |
| Owner Occupied HU | 5,671 (70.6%) |
| Renter Occupied HU | 1,802 (22.4%) |
| Vacant Housing Units | 560 ( 7.0%) |
| Median Home Value | $214,443 |
| Average Home Value | $246,078 |
Housing Distribution
Address Breakdown
Residential
7,528
Single Family
7,325
Multi-Family
203
Businesses
480
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Listed by: James Kirchner • Mark Spain Real Estate
Mls Name: Triad MLS
Mls ID: #1199642