104 Melody LnMaggie ValleyNC28751
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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 Maggie Valley at 104 Melody Ln, Maggie Valley, NC, 28751 listed at $300,000 pairs $2,058/mo rent with a $1,468/mo payment to leave $230/mo cash flow. Total monthly income runs $2,058/mo, and annual cash flow reaches $2,760/yr on $99,450 cash to close. Return on cash invested measures 22.68% in year one, and rental yield registers 8.23% at a $300,000 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,884 by year five. Five-year ROI tracks 117.6% and total cumulative return in cash totals $116,952. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,058/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28751, Maggie Valley, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,224 (100%) |
| Owner Occupied HU | 1,602 (37.9%) |
| Renter Occupied HU | 366 ( 8.7%) |
| Vacant Housing Units | 2,256 (53.4%) |
| Median Home Value | $313,131 |
| Average Home Value | $368,015 |
Housing Distribution
Address Breakdown
Residential
2,410
Single Family
2,410
Multi-Family
0
Businesses
266
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Listed by: Cori Ash • Paddle Real Estate
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4327221