Curtis Plan, Grande PalmsBoliviaNC28422
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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
Rental property for sale in Bolivia at Curtis Plan, Grande Palms, Bolivia, NC, 28422 priced at $228,990 converts $2,056/mo rent into $660/mo cash flow after a $1,121/mo obligation. Total monthly income equals $2,056/mo, and annual cash flow totals $7,923/yr on $75,910 invested. Return on cash invested prints 30.35% in year one, and rental yield reads 10.77% against a $228,990 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation compiles into $63,266 by year five. Five-year ROI reaches 158.73% and total cumulative return in cash sums $120,494. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,056/mo property income covering a $1,121/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: 28422, Bolivia, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,819 (100%) |
| Owner Occupied HU | 4,108 (70.6%) |
| Renter Occupied HU | 639 (11.0%) |
| Vacant Housing Units | 1,072 (18.4%) |
| Median Home Value | $361,725 |
| Average Home Value | $402,232 |
Housing Distribution
Address Breakdown
Residential
5,467
Single Family
5,108
Multi-Family
359
Businesses
207
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Listed by: Grande Palms • D.R. Horton - Wilmington
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A