113 Mountain Cove RdWaynesvilleNC28786
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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 113 Mountain Cove Rd, Waynesville, NC, 28786 with 5% annual appreciation on a $899,000 basis while $4,078/mo rent supports operations. 38% in year one. Equity gained on principal adds $5,801/yr, and five-year appreciation sums $248,377 alongside rental yield of 5.44%. Five-year ROI measures 73.02% and total cumulative return in cash totals $215,986. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,078/mo property income versus a $4,400/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2007
3.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28786, Waynesville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,175 (100%) |
| Owner Occupied HU | 6,981 (57.3%) |
| Renter Occupied HU | 3,128 (25.7%) |
| Vacant Housing Units | 2,066 (17.0%) |
| Median Home Value | $297,270 |
| Average Home Value | $346,300 |
Housing Distribution
Address Breakdown
Residential
11,130
Single Family
10,582
Multi-Family
548
Businesses
1,261
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Listed by: Anthony Dufrene • Anthony Dufrene
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4321306