110 Merriman RdHendersonvilleNC28791
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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 Hendersonville at 110 Merriman Rd, Hendersonville, NC, 28791 offers $2,052/mo rent that, after a $984/mo payment, leaves $808/mo cash flow. Total monthly income is $2,052/mo, and annual cash flow is $9,697/yr on $66,665 cash. Return on cash invested measures 34.45% in year one, and rental yield stands at 12.24% at a $201,100 entry. Equity gained on principal adds $1,298/yr while 5% annual appreciation compounds into $55,560 by year five. Five-year ROI records 180.91% and total cumulative return in cash reaches $120,605. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,052/mo property income versus a $984/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28791, Hendersonville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,366 (100%) |
| Owner Occupied HU | 5,375 (73.0%) |
| Renter Occupied HU | 1,393 (18.9%) |
| Vacant Housing Units | 598 ( 8.1%) |
| Median Home Value | $435,268 |
| Average Home Value | $481,838 |
Housing Distribution
Address Breakdown
Residential
6,759
Single Family
6,680
Multi-Family
79
Businesses
383
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