103 Brooks AveEast Flat RockNC28726
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 East Flat Rock at 103 Brooks Ave, East Flat Rock, NC, 28726 at $115,000 posts ROI 44.65% with $786/mo cash flow from $1,487/mo rent. Total monthly income equals $1,487/mo, and annual cash flow records $9,432/yr on $38,123 to close. Return on cash invested measures 44.65% and rental yield reads 15.52% at the current $115,000. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 by year five. Five-year ROI prints 235.38% and total cumulative return in cash totals $89,733.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,487/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1976
0.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28726, East Flat Rock, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,399 (100%) |
| Owner Occupied HU | 777 (55.5%) |
| Renter Occupied HU | 552 (39.5%) |
| Vacant Housing Units | 70 ( 5.0%) |
| Median Home Value | $268,264 |
| Average Home Value | $275,164 |
Housing Distribution
Address Breakdown
Residential
1,353
Single Family
1,353
Multi-Family
0
Businesses
155
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Nearby investment properties with comparable prices
Listed by: Sara Duque • Allen Tate/Beverly-Hanks Asheville-Biltmore Park
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4168327
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