Creekside Plan, Kennedy's CrossingGrimeslandNC27837
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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 Grimesland at Creekside Plan, Kennedy's Crossing, Grimesland, NC, 27837 at $432,700 posts ROI 24.25% with $519/mo cash flow from $3,156/mo rent. Total monthly income equals $3,156/mo, and annual cash flow records $6,225/yr on $143,440 to close. Return on cash invested measures 24.25% and rental yield reads 8.75% at the current $432,700. Equity gained on principal adds $2,792/yr, and 5% annual appreciation supports $119,547 by year five. Five-year ROI prints 125.99% and total cumulative return in cash totals $180,718.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,156/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
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