Walden Plan, TurnberryGrimeslandNC27837
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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 Grimesland at Walden Plan, Turnberry, Grimesland, NC, 27837 with 5% annual appreciation on a $455,900 basis while $3,692/mo rent supports operations. Total monthly income totals $3,692/mo and a $2,231/mo payment preserves $914/mo for cash returns. Annual cash flow comes to $10,967/yr on $151,131 deployed, and return on cash invested reaches 27.17% in year one. Equity gained on principal adds $2,942/yr, and five-year appreciation sums $125,957 alongside rental yield of 9.72%. Five-year ROI measures 141.62% and total cumulative return in cash totals $214,030.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,692/mo property income versus a $2,231/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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