4351 Grover PlGranite 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
Investment property for sale in Granite Falls at 4351 Grover Pl, Granite Falls, NC, 28630 offers a 7.97% rental yield on a $310,000 purchase with $2,060/mo rent. Total monthly income registers $2,060/mo, and a $1,517/mo payment leaves $171/mo available for distribution. Annual cash flow reaches $2,052/yr on $102,765 to close, and return on cash invested stands at 21.91% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 113.42% and total cumulative return in cash at $116,551. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,060/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.42 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: James Berbec • Nestlewood Realty, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4273183