54 Meandering WayGranite 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 54 Meandering Way, Granite Falls, NC, 28630 at $459,000 posts ROI 12.84% with from $1,902/mo rent. Total monthly income equals $1,902/mo. Return on cash invested measures 12.84% and rental yield reads 4.97% at the current $459,000. Equity gained on principal adds $2,962/yr, and 5% annual appreciation supports $126,813 by year five. Five-year ROI prints 64.86% and total cumulative return in cash totals $98,687. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,902/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1989
0.80 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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Nearby investment properties with comparable prices
Listed by: Kevin Mack • Better Homes and Gardens Real Estate Foothills
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4291529