6624 Grogan Hill RdWhitsettNC27377
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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 Whitsett at 6624 Grogan Hill Rd, Whitsett, NC, 27377 with 5% annual appreciation on a $394,315 basis while $2,728/mo rent supports operations. Total monthly income totals $2,728/mo and a $1,930/mo payment preserves $325/mo for cash returns. Annual cash flow comes to $3,898/yr on $130,715 deployed, and return on cash invested reaches 22.89% in year one. Equity gained on principal adds $2,544/yr, and five-year appreciation sums $108,942 alongside rental yield of 8.3%. Five-year ROI measures 118.7% and total cumulative return in cash totals $155,155.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,728/mo property income versus a $1,930/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27377, Whitsett, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,375 (100%) |
| Owner Occupied HU | 3,916 (72.9%) |
| Renter Occupied HU | 1,215 (22.6%) |
| Vacant Housing Units | 244 ( 4.5%) |
| Median Home Value | $323,252 |
| Average Home Value | $339,930 |
Housing Distribution
Address Breakdown
Residential
5,235
Single Family
4,215
Multi-Family
1,020
Businesses
197
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Listed by: N/A • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A