708 Lancelot DriveGreenvilleNC27858
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Greenville at 708 Lancelot Drive, Greenville, NC, 27858 offers $2,730/mo rent that, after a $1,713/mo payment, leaves $597/mo cash flow. Total monthly income is $2,730/mo, and annual cash flow is $7,165/yr on $115,992 cash. Return on cash invested measures 26.09% in year one, and rental yield stands at 9.36% at a $349,900 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,671 by year five. Five-year ROI records 135.88% and total cumulative return in cash reaches $157,614. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,730/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27858, Greenville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,836 (100%) |
| Owner Occupied HU | 11,801 (40.9%) |
| Renter Occupied HU | 11,729 (40.7%) |
| Vacant Housing Units | 5,306 (18.4%) |
| Median Home Value | $302,085 |
| Average Home Value | $328,010 |
Housing Distribution
Address Breakdown
Residential
25,796
Single Family
21,115
Multi-Family
4,681
Businesses
1,678
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: LISA WILSON • Off Road Realty
Mls Name: Hive MLS
Mls ID: #100537572