512 Grassy Gap TrlAberdeenNC28315
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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 Aberdeen at 512 Grassy Gap Trl, Aberdeen, NC, 28315 priced at $454,900 converts $3,180/mo rent into $374/mo cash flow after a $2,227/mo obligation. Total monthly income equals $3,180/mo, and annual cash flow totals $4,490/yr on $150,799 invested. Return on cash invested prints 22.89% in year one, and rental yield reads 8.39% against a $454,900 entry. Equity gained on principal adds $2,935/yr, while 5% annual appreciation compiles into $125,680 by year five. Five-year ROI reaches 118.8% and total cumulative return in cash sums $179,144. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,180/mo property income covering a $2,227/mo payment, not borrower’s personal income.
Single Family
Built in N/A
8,125 sqft lot
$N/A/sqft
$395 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28315, Aberdeen, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,555 (100%) |
| Owner Occupied HU | 4,170 (63.6%) |
| Renter Occupied HU | 1,829 (27.9%) |
| Vacant Housing Units | 556 ( 8.5%) |
| Median Home Value | $352,038 |
| Average Home Value | $390,076 |
Housing Distribution
Address Breakdown
Residential
6,538
Single Family
5,821
Multi-Family
717
Businesses
687
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Listed by: Better Homes & Gardens Lifestyle Property Partneres • Caviness & Cates - Southern Pines Sales Office
Mls Name: Nexus MLS
Mls Provider:
Mls ID: #N370000000345
Disclaimer: Listing information is provided by the Nexus Multiple Listing Service. Property information is based on available data that may include MLS information, county records, and other sources. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. 2025 Nexus MLS. All rights are reserved.