118 Whitewater DrMaggie ValleyNC28751
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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 Maggie Valley at 118 Whitewater Dr, Maggie Valley, NC, 28751 with 5% annual appreciation on a $435,000 basis while $2,882/mo rent supports operations. Total monthly income totals $2,882/mo and a $2,129/mo payment preserves $231/mo for cash returns. Annual cash flow comes to $2,772/yr on $144,203 deployed, and return on cash invested reaches 21.83% in year one. Equity gained on principal adds $2,807/yr, and five-year appreciation sums $120,182 alongside rental yield of 7.95%. Five-year ROI measures 113.01% and total cumulative return in cash totals $162,960.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,882/mo property income versus a $2,129/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2002
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28751, Maggie Valley, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,224 (100%) |
| Owner Occupied HU | 1,602 (37.9%) |
| Renter Occupied HU | 366 ( 8.7%) |
| Vacant Housing Units | 2,256 (53.4%) |
| Median Home Value | $313,131 |
| Average Home Value | $368,015 |
Housing Distribution
Address Breakdown
Residential
2,410
Single Family
2,410
Multi-Family
0
Businesses
266
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Listed by: Brooke Fish • Better Homes and Gardens Real Estate Heritage
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4290303