1089 Austin Little Mountain RoadRondaNC28670
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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
Rental property for sale in Ronda at 1089 Austin Little Mountain Road, Ronda, NC, 28670 generates $1,496/mo in rent and, after a $1,072/mo payment, leaves $161/mo in cash flow. Total monthly income is $1,496/mo, and annual cash flow is $1,934/yr on $72,599 invested. Return on cash invested sits at 22.57% in year one, and rental yield is 8.2% on a $219,000 entry. Equity gained on principal adds $1,413/yr, while 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 117.07% and total cumulative return in cash sums $84,993. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,496/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28670, Ronda, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,258 (100%) |
| Owner Occupied HU | 899 (71.5%) |
| Renter Occupied HU | 236 (18.8%) |
| Vacant Housing Units | 123 ( 9.8%) |
| Median Home Value | $227,321 |
| Average Home Value | $241,429 |
Housing Distribution
Address Breakdown
Residential
1,172
Single Family
1,172
Multi-Family
0
Businesses
71
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Listed by: Robert Poole • Keller Williams Elite
Mls Name: High Country AOR
Mls ID: #256925