471 Rivard RoadGlenvilleNC28736
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
Rental property for sale in Glenville at 471 Rivard Road, Glenville, NC, 28736 generates $3,628/mo in rent, after a $4,870/mo payment. Total monthly income is $3,628/mo. Return on cash invested sits at 11.13% in year one, and rental yield is 4.38% on a $995,000 entry. Equity gained on principal adds $6,421/yr, while 5% annual appreciation builds toward $274,900 over five years. Five-year ROI reaches 55.6% and total cumulative return in cash sums $181,998. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,628/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28736, Glenville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,223 (100%) |
| Owner Occupied HU | 355 (29.0%) |
| Renter Occupied HU | 100 ( 8.2%) |
| Vacant Housing Units | 768 (62.8%) |
| Median Home Value | $439,063 |
| Average Home Value | $540,718 |
Housing Distribution
Address Breakdown
Residential
413
Single Family
413
Multi-Family
0
Businesses
52
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Louise Booth • Berkshire Hathaway HomeServices Meadows Mountain Realty - CA
Mls Name: HCMLS
Mls ID: #1001334