Penwell Plan, Chicod LandingGreenvilleNC27858
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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 Greenville at Penwell Plan, Chicod Landing, Greenville, NC, 27858 priced at $328,990 pairs $2,340/mo rent with $335/mo cash flow after a $1,610/mo payment. Total monthly income equals $2,340/mo, and annual cash flow comes to $4,023/yr on $109,060 invested. Return on cash invested is 23.6% in year one, and rental yield stands at 8.54% on a $328,990 basis. Equity gained on principal adds $2,123/yr, and 5% annual appreciation accumulates to $90,894 by year five. Five-year ROI measures 122.52% and total cumulative return in cash reaches $133,626. For financing, Ziffy Mortgage’s DSCR program evaluates $2,340/mo property income against a $1,610/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27858, Greenville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,836 (100%) |
| Owner Occupied HU | 11,801 (40.9%) |
| Renter Occupied HU | 11,729 (40.7%) |
| Vacant Housing Units | 5,306 (18.4%) |
| Median Home Value | $302,085 |
| Average Home Value | $328,010 |
Housing Distribution
Address Breakdown
Residential
25,796
Single Family
21,115
Multi-Family
4,681
Businesses
1,678
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Listed by: Online Sales Team • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A