5231 Peninsula DrGranite 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
Rental property for sale in Granite Falls at 5231 Peninsula Dr, Granite Falls, NC, 28630 generates $3,223/mo in rent, after a $9,765/mo payment. Total monthly income is $3,223/mo. Return on cash invested sits at 3.78% in year one, and rental yield is 1.94% on a $1,995,000 entry. Equity gained on principal adds $12,873/yr, while 5% annual appreciation builds toward $551,182 over five years. Five-year ROI reaches 16.12% and total cumulative return in cash sums $104,205. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,223/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
1.02 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: Tonja Schult • Century 21 DiGioia Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4336540