3266 Greenridge WayLelandNC28451
Nearby investment properties with comparable rents
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
Investment property for sale in Leland at 3266 Greenridge Way, Leland, NC, 28451 offers a 9.23% rental yield on a $285,000 purchase with $2,192/mo rent. Total monthly income registers $2,192/mo, and a $1,395/mo payment leaves $455/mo available for distribution. Annual cash flow reaches $5,460/yr on $94,478 to close, and return on cash invested stands at 25.69% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 133.69% and total cumulative return in cash at $126,306. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,192/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28451, Leland, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,676 (100%) |
| Owner Occupied HU | 15,987 (67.5%) |
| Renter Occupied HU | 5,229 (22.1%) |
| Vacant Housing Units | 2,460 (10.4%) |
| Median Home Value | $376,128 |
| Average Home Value | $424,214 |
Housing Distribution
Address Breakdown
Residential
22,396
Single Family
21,355
Multi-Family
1,041
Businesses
874
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shane Register Team • Coldwell Banker Sea Coast Advantage-Midtown
Mls Name: Hive MLS
Mls ID: #100551250