119 John Lee Montgomery DrHendersonvilleNC28792
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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 Hendersonville at 119 John Lee Montgomery Dr, Hendersonville, NC, 28792 earns $236/mo cash flow from $1,967/mo rent with a $1,390/mo payment. Total monthly income totals $1,967/mo, and annual cash flow totals $2,834/yr on $94,146 capital. ROI tracks 22.92% on current figures, and rental yield reads 8.31% at a $284,000 purchase. Equity gained on principal adds $1,833/yr, and 5% annual appreciation supports $78,464 over five years. Five-year ROI reaches 118.9% and total cumulative return in cash sums $111,941. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,967/mo property income instead of your personal income.
Single Family
Built in 1925
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28792, Hendersonville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,631 (100%) |
| Owner Occupied HU | 10,436 (56.0%) |
| Renter Occupied HU | 5,775 (31.0%) |
| Vacant Housing Units | 2,420 (13.0%) |
| Median Home Value | $330,632 |
| Average Home Value | $370,895 |
Housing Distribution
Address Breakdown
Residential
16,922
Single Family
15,291
Multi-Family
1,631
Businesses
1,395
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Listed by: Daniel Hardin • Howard Hanna Beverly-Hanks
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4277677