Lot 121 Rippling Waters TrailGlenvilleNC28736
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 Glenville at Lot 121 Rippling Waters Trail, Glenville, NC, 28736 at $147,500 posts ROI 62.39% with $1,731/mo cash flow from $2,630/mo rent. Total monthly income equals $2,630/mo, and annual cash flow records $20,772/yr on $48,896 to close. Return on cash invested measures 62.39% and rental yield reads 21.4% at the current $147,500. Equity gained on principal adds $952/yr, and 5% annual appreciation supports $40,752 by year five. Five-year ROI prints 330.51% and total cumulative return in cash totals $161,605.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,630/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Lot
Built in N/A
2.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28736, Glenville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,223 (100%) |
| Owner Occupied HU | 355 (29.0%) |
| Renter Occupied HU | 100 ( 8.2%) |
| Vacant Housing Units | 768 (62.8%) |
| Median Home Value | $439,063 |
| Average Home Value | $540,718 |
Housing Distribution
Address Breakdown
Residential
413
Single Family
413
Multi-Family
0
Businesses
52
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Nearby investment properties with comparable prices
Listed by: Kathryn Nicholson • SILVER CREEK REAL ESTATE GROUP, INC.
Mls Name: HCMLS
Mls ID: #101355
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.