301 Hannah DriveGrassy CreekNC28631
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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 Grassy Creek at 301 Hannah Drive, Grassy Creek, NC, 28631 at $439,000 posts ROI 11.64% with from $1,673/mo rent. Total monthly income equals $1,673/mo. Return on cash invested measures 11.64% and rental yield reads 4.57% at the current $439,000. Equity gained on principal adds $2,833/yr, and 5% annual appreciation supports $121,288 by year five. Five-year ROI prints 58.4% and total cumulative return in cash totals $84,992. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,673/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2004
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28631, Grassy Creek, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 524 (100%) |
| Owner Occupied HU | 224 (42.7%) |
| Renter Occupied HU | 32 ( 6.1%) |
| Vacant Housing Units | 268 (51.1%) |
| Median Home Value | $250,000 |
| Average Home Value | $361,741 |
Housing Distribution
Address Breakdown
Residential
407
Single Family
407
Multi-Family
0
Businesses
18
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Listed by: J.B. Lawrence • Howard Hanna Allen Tate Real Estate - Blowing Rock
Mls Name: High Country AOR
Mls ID: #258273