4859 Thistle CtGranite 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 4859 Thistle Ct, Granite Falls, NC, 28630 with 5% annual appreciation on a $209,900 basis while $1,709/mo rent supports operations. Total monthly income totals $1,709/mo and a $1,027/mo payment preserves $430/mo for cash returns. Annual cash flow comes to $5,161/yr on $69,582 deployed, and return on cash invested reaches 27.33% in year one. Equity gained on principal adds $1,354/yr, and five-year appreciation sums $57,992 alongside rental yield of 9.77%. Five-year ROI measures 142.57% and total cumulative return in cash totals $99,200.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,709/mo property income versus a $1,027/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2001
0.44 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: Nathan Roseman • Big 6 Properties
Mls Name: Triad MLS
Mls Provider:
Mls ID: #1167510
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