101 Fox Den WayBeech MountainNC28604
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 Beech Mountain at 101 Fox Den Way, Beech Mountain, NC, 28604 uses $212,205 cash to close to unlock $2,592/yr annual cash flow and $216/mo monthly cash flow. Total monthly income runs $4,147/mo, and a $3,157/mo payment keeps the spread at $216/mo. Purchase price stands at $645,000, and rental yield measures 7.72% with $4,147/mo rent. Return on cash invested shows 21.28% in year one, and 5% annual appreciation builds toward $178,202 over five years. Five-year ROI reaches 110.04% and total cumulative return in cash records $233,500. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,147/mo property income covering a $3,157/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28604, Banner Elk, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,910 (100%) |
| Owner Occupied HU | 2,452 (24.7%) |
| Renter Occupied HU | 743 ( 7.5%) |
| Vacant Housing Units | 6,715 (67.8%) |
| Median Home Value | $382,801 |
| Average Home Value | $471,902 |
Housing Distribution
Address Breakdown
Residential
6,320
Single Family
5,791
Multi-Family
529
Businesses
455
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tracy Simms • Blue Ridge Realty & Inv. - Banner Elk
Mls Name: High Country AOR
Mls Provider:
Mls ID: #256119
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.