2406 E 4th StreetGreenvilleNC27858
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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 Greenville at 2406 E 4th Street, Greenville, NC, 27858 listed at $397,000 pairs $2,455/mo rent with a $1,943/mo payment to leave $36/mo cash flow. Total monthly income runs $2,455/mo, and annual cash flow reaches $427/yr on $131,606 cash to close. Return on cash invested measures 20.23% in year one, and rental yield registers 7.42% at a $397,000 basis. Equity gained on principal adds $2,562/yr, and annual property appreciation at 5% supports $109,684 by year five. Five-year ROI tracks 104.47% and total cumulative return in cash totals $137,482. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,455/mo property income relative to a $1,943/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1933
0.29 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: Heather Garris • Realty ONE Group Aspire
Mls Name: Hive MLS
Mls ID: #100539402