721 Grandview Loop #78NeboNC28761
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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 Nebo at 721 Grandview Loop #78, Nebo, NC, 28761 offers a 4.01% rental yield on a $395,000 purchase with $1,320/mo rent. 95% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Portfolio math shows five-year ROI at 49.29% and total cumulative return in cash at $64,542. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,320/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
1.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28761, Nebo, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,457 (100%) |
| Owner Occupied HU | 2,949 (66.2%) |
| Renter Occupied HU | 664 (14.9%) |
| Vacant Housing Units | 844 (18.9%) |
| Median Home Value | $249,932 |
| Average Home Value | $339,791 |
Housing Distribution
Address Breakdown
Residential
4,033
Single Family
4,033
Multi-Family
0
Businesses
117
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Listed by: Rebecca Condrey • RE/MAX Living
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4283375