Weaver Plan, TurnberryGrimeslandNC27837
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
Rental property for sale in Grimesland at Weaver Plan, Turnberry, Grimesland, NC, 27837 priced at $452,700 pairs $2,933/mo rent with $174/mo cash flow after a $2,216/mo payment. Total monthly income equals $2,933/mo, and annual cash flow comes to $2,085/yr on $150,070 invested. Return on cash invested is 21.3% in year one, and rental yield stands at 7.77% on a $452,700 basis. Equity gained on principal adds $2,921/yr, and 5% annual appreciation accumulates to $125,073 by year five. Five-year ROI measures 110.17% and total cumulative return in cash reaches $165,337. For financing, Ziffy Mortgage’s DSCR program evaluates $2,933/mo property income against a $2,216/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: 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