21 Graystone Ridge ExtLeasburgNC27291
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Leasburg at 21 Graystone Ridge Ext, Leasburg, NC, 27291 listed at $250,000 pairs $2,400/mo rent with a $1,224/mo payment to leave $876/mo cash flow. Total monthly income runs $2,400/mo, and annual cash flow reaches $10,512/yr on $82,875 cash to close. Return on cash invested measures 32.59% in year one, and rental yield registers 11.52% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 170.73% and total cumulative return in cash totals $141,490. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,400/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1968
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27291, Leasburg, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,025 (100%) |
| Owner Occupied HU | 601 (58.6%) |
| Renter Occupied HU | 190 (18.5%) |
| Vacant Housing Units | 234 (22.8%) |
| Median Home Value | $246,845 |
| Average Home Value | $333,898 |
Housing Distribution
Address Breakdown
Residential
736
Single Family
736
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nancy S Dillard • Fathom Realty NC, LLC
Mls Name: Doorify MLS
Mls ID: #10123201