BRISCOE Plan, Harris LandingGriftonNC28530
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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 Grifton at BRISCOE Plan, Harris Landing, Grifton, NC, 28530 uses $68,286 cash to close to unlock $2,074/yr annual cash flow and $173/mo monthly cash flow. Total monthly income runs $1,428/mo, and a $1,008/mo payment keeps the spread at $173/mo. Purchase price stands at $205,990, and rental yield measures 8.32% with $1,428/mo rent. Return on cash invested shows 22.95% in year one, and 5% annual appreciation builds toward $56,911 over five years. Five-year ROI reaches 119.01% and total cumulative return in cash records $81,269. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,428/mo property income covering a $1,008/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28530, Grifton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,329 (100%) |
| Owner Occupied HU | 2,069 (62.2%) |
| Renter Occupied HU | 856 (25.7%) |
| Vacant Housing Units | 404 (12.1%) |
| Median Home Value | $135,035 |
| Average Home Value | $235,644 |
Housing Distribution
Address Breakdown
Residential
2,986
Single Family
2,957
Multi-Family
29
Businesses
133
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Listed by: N/A • Century Complete
Mls Name: Century Communities
Mls Provider:
Mls ID: #N/A