217 Griffis DrStemNC27581
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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
Rental property for sale in Stem at 217 Griffis Dr, Stem, NC, 27581 priced at $302,000 pairs $1,961/mo rent with $73/mo cash flow after a $1,478/mo payment. Total monthly income equals $1,961/mo, and annual cash flow comes to $873/yr on $100,113 invested. Return on cash invested is 20.78% in year one, and rental yield stands at 7.79% on a $302,000 basis. Equity gained on principal adds $1,949/yr, and 5% annual appreciation accumulates to $83,437 by year five. Five-year ROI measures 107.61% and total cumulative return in cash reaches $107,728. For financing, Ziffy Mortgage’s DSCR program evaluates $1,961/mo property income against a $1,478/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2015
0.28 Acres lot
$N/A/sqft
$65 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27581, Stem, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,621 (100%) |
| Owner Occupied HU | 1,355 (83.6%) |
| Renter Occupied HU | 188 (11.6%) |
| Vacant Housing Units | 78 ( 4.8%) |
| Median Home Value | $245,877 |
| Average Home Value | $293,303 |
Housing Distribution
Address Breakdown
Residential
1,500
Single Family
1,490
Multi-Family
10
Businesses
36
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Listed by: Daniel Gluckin • Compass -- Raleigh
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10093213
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.