Murdock Plan, Laurel OaksGrimeslandNC27837
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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 Grimesland at Murdock Plan, Laurel Oaks, Grimesland, NC, 27837 offers $4,051/mo rent that, after a $2,324/mo payment, leaves $1,157/mo cash flow. Total monthly income is $4,051/mo, and annual cash flow is $13,885/yr on $157,429 cash. Return on cash invested measures 28.73% in year one, and rental yield stands at 10.24% at a $474,900 entry. Equity gained on principal adds $3,064/yr while 5% annual appreciation compounds into $131,206 by year five. Five-year ROI records 150.04% and total cumulative return in cash reaches $236,207. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,051/mo property income versus a $2,324/mo payment rather than borrower’s personal income verification through W2s, Salary slips, 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