1 Kelsey CtSwannanoaNC28778
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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 Swannanoa at 1 Kelsey Ct, Swannanoa, NC, 28778 listed at $199,000 pairs $1,572/mo rent with a $974/mo payment to leave $359/mo cash flow. Total monthly income runs $1,572/mo, and annual cash flow reaches $4,310/yr on $65,969 cash to close. Return on cash invested measures 26.44% in year one, and rental yield registers 9.48% at a $199,000 basis. Equity gained on principal adds $1,284/yr, and annual property appreciation at 5% supports $54,980 by year five. Five-year ROI tracks 137.82% and total cumulative return in cash totals $90,918. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,572/mo property income relative to a $974/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1999
2.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28778, Swannanoa, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,807 (100%) |
| Owner Occupied HU | 3,106 (64.6%) |
| Renter Occupied HU | 1,185 (24.7%) |
| Vacant Housing Units | 516 (10.7%) |
| Median Home Value | $357,056 |
| Average Home Value | $382,510 |
Housing Distribution
Address Breakdown
Residential
4,804
Single Family
4,804
Multi-Family
0
Businesses
303
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Nearby investment properties with comparable prices
Listed by: Luke Mansell • Town and Mountain Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4316759