30 Scotts Store RdGrantsboroNC28529
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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 Grantsboro at 30 Scotts Store Rd, Grantsboro, NC, 28529 offers a 9.35% rental yield on a $105,000 purchase with $818/mo rent. Total monthly income registers $818/mo, and a $514/mo payment leaves $178/mo available for distribution. Annual cash flow reaches $2,136/yr on $34,808 to close, and return on cash invested stands at 26.05% in year one. Equity gained on principal adds $678/yr while 5% annual appreciation supports $29,010 over five years. Portfolio math shows five-year ROI at 135.63% and total cumulative return in cash at $47,210. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $818/mo property income against a $514/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
1.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28529, Grantsboro, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,100 (100%) |
| Owner Occupied HU | 653 (59.4%) |
| Renter Occupied HU | 162 (14.7%) |
| Vacant Housing Units | 285 (25.9%) |
| Median Home Value | $188,368 |
| Average Home Value | $263,557 |
Housing Distribution
Address Breakdown
Residential
921
Single Family
921
Multi-Family
0
Businesses
64
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Listed by: N/A • N/A
Mls Name: Xome
Mls ID: #0