2069 S Goose Creek RoadGrantsboroNC28529
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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 Grantsboro at 2069 S Goose Creek Road, Grantsboro, NC, 28529 earns $272/mo cash flow from $1,430/mo rent with a $930/mo payment. Total monthly income totals $1,430/mo, and annual cash flow totals $3,264/yr on $62,985 capital. ROI tracks 25.09% on current figures, and rental yield reads 9.03% at a $190,000 purchase. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 over five years. Five-year ROI reaches 130.49% and total cumulative return in cash sums $82,188. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,430/mo property income instead of your personal income.
Single Family
Built in 1970
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28529, Grantsboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,100 (100%) |
| Owner Occupied HU | 653 (59.4%) |
| Renter Occupied HU | 162 (14.7%) |
| Vacant Housing Units | 285 (25.9%) |
| Median Home Value | $188,368 |
| Average Home Value | $263,557 |
Housing Distribution
Address Breakdown
Residential
921
Single Family
921
Multi-Family
0
Businesses
64
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Listed by: Phillip Prescott • NextHome Inner & Outer Banks
Mls Name: Hive MLS
Mls ID: #100544462