120 Greystone 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 120 Greystone Dr, Hendersonville, NC, 28792 uses $79,560 cash to close to unlock $7,932/yr annual cash flow and $661/mo monthly cash flow. Total monthly income runs $2,124/mo, and a $1,175/mo payment keeps the spread at $661/mo. Purchase price stands at $240,000, and rental yield measures 10.62% with $2,124/mo rent. Return on cash invested shows 29.88% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 156.16% and total cumulative return in cash records $124,238. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,124/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Manufactured
Built in 1996
9,224 sqft 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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