784 Grinnell StLewisvilleNC27023
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
Investment property for sale in Lewisville at 784 Grinnell St, Lewisville, NC, 27023 earns $310/mo cash flow from $2,321/mo rent with a $1,615/mo payment. Total monthly income totals $2,321/mo, and annual cash flow totals $3,720/yr on $109,395 capital. ROI tracks 23.31% on current figures, and rental yield reads 8.44% at a $330,000 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,173 over five years. Five-year ROI reaches 120.93% and total cumulative return in cash sums $132,287. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,321/mo property income instead of your personal income.
Single Family
Built in 1986
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27023, Lewisville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,965 (100%) |
| Owner Occupied HU | 4,746 (79.6%) |
| Renter Occupied HU | 816 (13.7%) |
| Vacant Housing Units | 403 ( 6.8%) |
| Median Home Value | $391,092 |
| Average Home Value | $494,701 |
Housing Distribution
Address Breakdown
Residential
5,550
Single Family
5,243
Multi-Family
307
Businesses
370
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Listed by: Cara Irvine • RE/MAX Preferred Properties
Mls Name: Triad MLS
Mls ID: #1194770