111 Clear Creek LnWaynesvilleNC28785
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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 Waynesville at 111 Clear Creek Ln, Waynesville, NC, 28785 listed at $283,990 pairs $2,400/mo rent with a $1,390/mo payment to leave $669/mo cash flow. Total monthly income runs $2,400/mo, and annual cash flow reaches $8,031/yr on $94,143 cash to close. Return on cash invested measures 28.44% in year one, and rental yield registers 10.14% at a $283,990 basis. Equity gained on principal adds $1,833/yr, and annual property appreciation at 5% supports $78,461 by year five. Five-year ROI tracks 148.5% and total cumulative return in cash totals $139,801. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,400/mo property income relative to a $1,390/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2026
0.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28785, Waynesville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,364 (100%) |
| Owner Occupied HU | 3,217 (60.0%) |
| Renter Occupied HU | 682 (12.7%) |
| Vacant Housing Units | 1,465 (27.3%) |
| Median Home Value | $349,783 |
| Average Home Value | $420,626 |
Housing Distribution
Address Breakdown
Residential
4,535
Single Family
4,535
Multi-Family
0
Businesses
107
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Listed by: Elizabeth Thompson • DR Horton Inc
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4333061