102 Skiview Lane UNIT 5Beech MountainNC28604
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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 Beech Mountain at 102 Skiview Lane UNIT 5, Beech Mountain, NC, 28604 offers a 9.75% rental yield on a $249,000 purchase with $2,024/mo rent. Total monthly income registers $2,024/mo, and a $1,219/mo payment leaves $506/mo available for distribution. Annual cash flow reaches $6,074/yr on $82,544 to close, and return on cash invested stands at 27.27% in year one. Equity gained on principal adds $1,607/yr while 5% annual appreciation supports $68,794 over five years. Portfolio math shows five-year ROI at 142.23% and total cumulative return in cash at $117,404. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,024/mo property income against a $1,219/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1982
N/A 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
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Listed by: Karen Cleghorn • Blue Ridge Realty & Inv. - Banner Elk
Mls Name: High Country AOR
Mls ID: #257952