The Cherry Grove Plan, Goose MarshBoliviaNC28422
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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
Investment property for sale in Bolivia at The Cherry Grove Plan, Goose Marsh, Bolivia, NC, 28422 listed at $313,900 pairs $2,464/mo rent with a $1,536/mo payment to leave $551/mo cash flow. Total monthly income runs $2,464/mo, and annual cash flow reaches $6,616/yr on $104,058 cash to close. Return on cash invested measures 26.27% in year one, and rental yield registers 9.42% at a $313,900 basis. Equity gained on principal adds $2,026/yr, and annual property appreciation at 5% supports $86,725 by year five. Five-year ROI tracks 136.82% and total cumulative return in cash totals $142,376. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,464/mo property income relative to a $1,536/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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: N/A • Chesapeake Homes
Mls Name: Chesapeake Homes
Mls Provider:
Mls ID: #N/A