1004 Buchanan Loop RdSylvaNC28779
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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 Sylva at 1004 Buchanan Loop Rd, Sylva, NC, 28779 offers a 7.89% rental yield on a $406,000 purchase with $2,669/mo rent. Total monthly income registers $2,669/mo, and a $1,987/mo payment leaves $195/mo available for distribution. Annual cash flow reaches $2,338/yr on $134,589 to close, and return on cash invested stands at 21.65% in year one. Equity gained on principal adds $2,620/yr while 5% annual appreciation supports $112,170 over five years. Portfolio math shows five-year ROI at 112.02% and total cumulative return in cash at $150,772. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,669/mo property income against a $1,987/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28779, Sylva, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,868 (100%) |
| Owner Occupied HU | 5,419 (54.9%) |
| Renter Occupied HU | 2,510 (25.4%) |
| Vacant Housing Units | 1,939 (19.6%) |
| Median Home Value | $281,555 |
| Average Home Value | $336,593 |
Housing Distribution
Address Breakdown
Residential
7,505
Single Family
7,463
Multi-Family
42
Businesses
764
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Listed by: Julie Phillips • Keller Williams Great Smokies - Sylva
Mls Name: Carolina Smokies MLS
Mls ID: #26041303