936 Grand Mesa DrGarnerNC27529
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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 Garner at 936 Grand Mesa Dr, Garner, NC, 27529 earns $833/mo cash flow from $3,295/mo rent with a $1,977/mo payment. Total monthly income totals $3,295/mo, and annual cash flow totals $9,998/yr on $133,926 capital. ROI tracks 27.37% on current figures, and rental yield reads 9.79% at a $404,000 purchase. Equity gained on principal adds $2,607/yr, and 5% annual appreciation supports $111,618 over five years. Five-year ROI reaches 142.77% and total cumulative return in cash sums $191,208. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,295/mo property income instead of your personal income.
Single Family
Built in 2025
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27529, Garner, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,489 (100%) |
| Owner Occupied HU | 17,091 (67.1%) |
| Renter Occupied HU | 7,180 (28.2%) |
| Vacant Housing Units | 1,218 ( 4.8%) |
| Median Home Value | $398,878 |
| Average Home Value | $447,896 |
Housing Distribution
Address Breakdown
Residential
24,113
Single Family
21,389
Multi-Family
2,724
Businesses
2,205
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Listed by: Jebbie Zulka • Meritage Homes of the Carolina
Mls Name: Doorify MLS
Mls ID: #10130591