385 Garris Valley DrTraphillNC28685
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 Traphill at 385 Garris Valley Dr, Traphill, NC, 28685 at $510,000 posts ROI 20.35% with $41/mo cash flow from $3,149/mo rent. Total monthly income equals $3,149/mo, and annual cash flow records $492/yr on $167,790 to close. Return on cash invested measures 20.35% and rental yield reads 7.41% at the current $510,000. Equity gained on principal adds $3,291/yr, and 5% annual appreciation supports $140,904 by year five. Five-year ROI prints 105.05% and total cumulative return in cash totals $176,271.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,149/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1984
18.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28685, Traphill, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 992 (100%) |
| Owner Occupied HU | 680 (68.5%) |
| Renter Occupied HU | 156 (15.7%) |
| Vacant Housing Units | 156 (15.7%) |
| Median Home Value | $221,474 |
| Average Home Value | $288,974 |
Housing Distribution
Address Breakdown
Residential
825
Single Family
825
Multi-Family
0
Businesses
34
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Nearby investment properties with comparable prices
Listed by: Adriana Alsina • Carolina Realty ERA Live Moore
Mls Name: Triad MLS
Mls Provider:
Mls ID: #1153133
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