Bryson Plan, Laurel OaksGrimeslandNC27837
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
Rental property for sale in Grimesland at Bryson Plan, Laurel Oaks, Grimesland, NC, 27837 priced at $369,900 converts $3,208/mo rent into $954/mo cash flow after a $1,810/mo obligation. Total monthly income equals $3,208/mo, and annual cash flow totals $11,449/yr on $122,622 invested. Return on cash invested prints 29.25% in year one, and rental yield reads 10.41% against a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation compiles into $102,197 by year five. Five-year ROI reaches 152.81% and total cumulative return in cash sums $187,378. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,208/mo property income covering a $1,810/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27837, Grimesland, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,607 (100%) |
| Owner Occupied HU | 1,902 (73.0%) |
| Renter Occupied HU | 424 (16.3%) |
| Vacant Housing Units | 281 (10.8%) |
| Median Home Value | $271,138 |
| Average Home Value | $270,935 |
Housing Distribution
Address Breakdown
Residential
2,440
Single Family
2,439
Multi-Family
1
Businesses
53
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Listed by: N/A • Bill Clark Homes
Mls Name: Bill Clark Homes
Mls ID: #N/A