709 Gridiron WayCameronNC28326
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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 Cameron at 709 Gridiron Way, Cameron, NC, 28326 earns $592/mo cash flow from $2,359/mo rent with a $1,419/mo payment. Total monthly income totals $2,359/mo, and annual cash flow totals $7,104/yr on $96,135 capital. ROI tracks 27.3% on current figures, and rental yield reads 9.76% at a $290,000 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 over five years. Five-year ROI reaches 142.33% and total cumulative return in cash sums $136,828. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,359/mo property income instead of your personal income.
Single Family
Built in 2024
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28326, Cameron, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,680 (100%) |
| Owner Occupied HU | 5,518 (57.0%) |
| Renter Occupied HU | 3,339 (34.5%) |
| Vacant Housing Units | 823 ( 8.5%) |
| Median Home Value | $299,340 |
| Average Home Value | $324,720 |
Housing Distribution
Address Breakdown
Residential
9,269
Single Family
9,041
Multi-Family
228
Businesses
212
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Listed by: Jackie Force • Real Broker, LLC
Mls Name: Doorify MLS
Mls ID: #10129535