115 Hawkins Creek RdHendersonvilleNC28791
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hendersonville at 115 Hawkins Creek Rd, Hendersonville, NC, 28791 offers a 8.12% rental yield on a $674,999 purchase with $4,565/mo rent. Total monthly income registers $4,565/mo, and a $3,304/mo payment leaves $451/mo available for distribution. Annual cash flow reaches $5,412/yr on $222,075 to close, and return on cash invested stands at 22.5% in year one. Equity gained on principal adds $4,356/yr while 5% annual appreciation supports $186,490 over five years. Portfolio math shows five-year ROI at 116.55% and total cumulative return in cash at $258,830. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,565/mo property income against a $3,304/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
0.70 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Caroline Ericksen • Coldwell Banker Advantage
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4295090