101 Sullivan StHayesvilleNC28904
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 Hayesville at 101 Sullivan St, Hayesville, NC, 28904 priced at $300,000 pairs $2,141/mo rent with $313/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,141/mo, and annual cash flow comes to $3,756/yr on $99,450 invested. Return on cash invested is 23.69% in year one, and rental yield stands at 8.56% on a $300,000 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,884 by year five. Five-year ROI measures 122.96% and total cumulative return in cash reaches $122,280. For financing, Ziffy Mortgage’s DSCR program evaluates $2,141/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2003
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28904, Hayesville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,753 (100%) |
| Owner Occupied HU | 3,559 (52.7%) |
| Renter Occupied HU | 944 (14.0%) |
| Vacant Housing Units | 2,250 (33.3%) |
| Median Home Value | $409,328 |
| Average Home Value | $448,304 |
Housing Distribution
Address Breakdown
Residential
5,072
Single Family
5,072
Multi-Family
0
Businesses
430
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eric Vonckx • EXIT Realty Mtn View Prop.
Mls Name: Mountain Lakes BOR
Mls Provider:
Mls ID: #152377
Disclaimer: Copyright Mountain Lakes Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.