10 Neil Price AveBlack MountainNC28711
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
Investment property for sale in Black Mountain at 10 Neil Price Ave, Black Mountain, NC, 28711 offers a 9.73% rental yield on a $389,900 purchase with $3,160/mo rent. Total monthly income registers $3,160/mo, and a $1,908/mo payment leaves $784/mo available for distribution. Annual cash flow reaches $9,409/yr on $129,252 to close, and return on cash invested stands at 27.19% in year one. Equity gained on principal adds $2,516/yr while 5% annual appreciation supports $107,722 over five years. Portfolio math shows five-year ROI at 141.79% and total cumulative return in cash at $183,265. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,160/mo property income against a $1,908/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28711, Black Mountain, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,280 (100%) |
| Owner Occupied HU | 4,528 (54.7%) |
| Renter Occupied HU | 1,930 (23.3%) |
| Vacant Housing Units | 1,822 (22.0%) |
| Median Home Value | $443,269 |
| Average Home Value | $495,702 |
Housing Distribution
Address Breakdown
Residential
6,885
Single Family
6,549
Multi-Family
336
Businesses
637
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Scott Angelo • EXP Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4295837