207 Kirkland DriveGreenvilleNC27858
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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
Rental property for sale in Greenville at 207 Kirkland Drive, Greenville, NC, 27858 priced at $220,000 converts $1,798/mo rent into $457/mo cash flow after a $1,077/mo obligation. Total monthly income equals $1,798/mo, and annual cash flow totals $5,484/yr on $72,930 invested. Return on cash invested prints 27.43% in year one, and rental yield reads 9.81% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 143.02% and total cumulative return in cash sums $104,303. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,798/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Single Family
Built in 1962
0.33 Acres lot
$N/A/sqft
No 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
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Listed by: TAHAIA (KUNNY) BROTHERS • Century 21 The Realty Group
Mls Name: Hive MLS
Mls ID: #100550329