2903 Cedar Creek Road Apt FGreenvilleNC27834
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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 2903 Cedar Creek Road Apt F, Greenville, NC, 27834 listed at $130,000 pairs $1,010/mo rent with a $636/mo payment to leave $218/mo cash flow. Total monthly income runs $1,010/mo, and annual cash flow reaches $2,616/yr on $43,095 cash to close. Return on cash invested measures 25.98% in year one, and rental yield registers 9.32% at a $130,000 basis. Equity gained on principal adds $839/yr, and annual property appreciation at 5% supports $35,917 by year five. Five-year ROI tracks 135.25% and total cumulative return in cash totals $58,287. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,010/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1985
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27834, Greenville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,275 (100%) |
| Owner Occupied HU | 10,394 (36.8%) |
| Renter Occupied HU | 14,525 (51.4%) |
| Vacant Housing Units | 3,356 (11.9%) |
| Median Home Value | $202,871 |
| Average Home Value | $256,226 |
Housing Distribution
Address Breakdown
Residential
26,516
Single Family
21,998
Multi-Family
4,518
Businesses
1,813
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Listed by: Miguel Sullivan • United Real Estate East Carolina
Mls Name: Hive MLS
Mls ID: #100533583