607 Roosevelt AvenueGreenvilleNC27834
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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 Greenville at 607 Roosevelt Avenue, Greenville, NC, 27834 uses $66,267 cash to close to unlock $4,669/yr annual cash flow and $389/mo monthly cash flow. Total monthly income runs $1,607/mo, and a $978/mo payment keeps the spread at $389/mo. Purchase price stands at $199,900, and rental yield measures 9.65% with $1,607/mo rent. Return on cash invested shows 26.96% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 140.56% and total cumulative return in cash records $93,145. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,607/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 2012
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27834, Greenville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,275 (100%) |
| Owner Occupied HU | 10,394 (36.8%) |
| Renter Occupied HU | 14,525 (51.4%) |
| Vacant Housing Units | 3,356 (11.9%) |
| Median Home Value | $202,871 |
| Average Home Value | $256,226 |
Housing Distribution
Address Breakdown
Residential
26,516
Single Family
21,998
Multi-Family
4,518
Businesses
1,813
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Listed by: Yoel Deshe • Fathom Realty NC, LLC Cary
Mls Name: Hive MLS
Mls ID: #100546430