38 Par DrGranite FallsNC28630
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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
Rental property for sale in Granite Falls at 38 Par Dr, Granite Falls, NC, 28630 priced at $689,900 pairs $4,105/mo rent with after a $3,377/mo payment. Total monthly income equals $4,105/mo. Return on cash invested is 19.53% in year one, and rental yield stands at 7.14% on a $689,900 basis. Equity gained on principal adds $4,452/yr, and 5% annual appreciation accumulates to $190,607 by year five. Five-year ROI measures 100.68% and total cumulative return in cash reaches $228,517. For financing, Ziffy Mortgage’s DSCR program evaluates $4,105/mo property income against a $3,377/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28630, Granite Falls, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,842 (100%) |
| Owner Occupied HU | 6,127 (69.3%) |
| Renter Occupied HU | 2,068 (23.4%) |
| Vacant Housing Units | 647 ( 7.3%) |
| Median Home Value | $268,612 |
| Average Home Value | $315,769 |
Housing Distribution
Address Breakdown
Residential
8,153
Single Family
8,048
Multi-Family
105
Businesses
440
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Listed by: Erika Osborne-Russ • EXP Realty Of Piedmont NC LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4285131