370 Olive Branch BlvdGriftonNC28530
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 Grifton at 370 Olive Branch Blvd, Grifton, NC, 28530 at $190,000 posts ROI 28.86% with $470/mo cash flow from $1,628/mo rent. Total monthly income equals $1,628/mo, and annual cash flow records $5,640/yr on $62,985 to close. Return on cash invested measures 28.86% and rental yield reads 10.28% at the current $190,000. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 by year five. Five-year ROI prints 150.72% and total cumulative return in cash totals $94,932.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,628/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2001
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28530, Grifton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,329 (100%) |
| Owner Occupied HU | 2,069 (62.2%) |
| Renter Occupied HU | 856 (25.7%) |
| Vacant Housing Units | 404 (12.1%) |
| Median Home Value | $135,035 |
| Average Home Value | $235,644 |
Housing Distribution
Address Breakdown
Residential
2,986
Single Family
2,957
Multi-Family
29
Businesses
133
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Listed by: Jennifer Huffman • Jeff Cook Real Estate LPT Real
Mls Name: Doorify MLS
Mls ID: #10136677