1010-12 Garnett StHendersonNC27536
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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
Total monthly income runs $1,020/mo, and a $4,890/mo payment. Purchase price stands at $999,000, and rental yield measures 1.23% with $1,020/mo rent. Return on cash invested shows 1.55% in year one, and 5% annual appreciation builds toward $276,005 over five years. Five-year ROI reaches 4.26% and total cumulative return in cash records $14,006. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,020/mo property income covering a $4,890/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27536, Henderson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,434 (100%) |
| Owner Occupied HU | 2,670 (35.9%) |
| Renter Occupied HU | 3,913 (52.6%) |
| Vacant Housing Units | 851 (11.4%) |
| Median Home Value | $137,313 |
| Average Home Value | $179,512 |
Housing Distribution
Address Breakdown
Residential
6,888
Single Family
6,028
Multi-Family
860
Businesses
1,116
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Listed by: Karen Stainback • Coldwell Banker Advantage
Mls Name: Coldwell Banker Advantage
Mls ID: #139376