95 Griffin DrRobbinsvilleNC28771
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 Robbinsville at 95 Griffin Dr, Robbinsville, NC, 28771 offers a 9.6% rental yield on a $199,000 purchase with $1,592/mo rent. Total monthly income registers $1,592/mo, and a $974/mo payment leaves $379/mo available for distribution. Annual cash flow reaches $4,550/yr on $65,969 to close, and return on cash invested stands at 26.81% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 139.77% and total cumulative return in cash at $92,202. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,592/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28771, Robbinsville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,763 (100%) |
| Owner Occupied HU | 2,586 (54.3%) |
| Renter Occupied HU | 540 (11.3%) |
| Vacant Housing Units | 1,637 (34.4%) |
| Median Home Value | $171,534 |
| Average Home Value | $213,803 |
Housing Distribution
Address Breakdown
Residential
3,158
Single Family
3,105
Multi-Family
53
Businesses
272
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dana Jonathan Smith, ABR • J & J Southland Realty Inc.
Mls Name: Mountain Lakes BOR
Mls ID: #154104