120 Pleasant Hill CirWaynesvilleNC28786
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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
Rental property for sale in Waynesville at 120 Pleasant Hill Cir, Waynesville, NC, 28786 generates $2,402/mo in rent and, after a $1,708/mo payment, leaves $275/mo in cash flow. Total monthly income is $2,402/mo, and annual cash flow is $3,302/yr on $115,693 invested. Return on cash invested sits at 22.76% in year one, and rental yield is 8.26% on a $348,999 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 118.05% and total cumulative return in cash sums $136,572. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,402/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
0.65 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: Noah Ball • Ball American Properties LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4322513