1205 Elysian WayRougemontNC27572
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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 Rougemont at 1205 Elysian Way, Rougemont, NC, 27572 uses $124,313 cash to close to unlock $600/yr annual cash flow and $50/mo monthly cash flow. Total monthly income runs $2,335/mo, and a $1,835/mo payment keeps the spread at $50/mo. Purchase price stands at $375,000, and rental yield measures 7.47% with $2,335/mo rent. Return on cash invested shows 20.39% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 105.29% and total cumulative return in cash records $130,887. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,335/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 1990
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27572, Rougemont, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,857 (100%) |
| Owner Occupied HU | 2,326 (81.4%) |
| Renter Occupied HU | 379 (13.3%) |
| Vacant Housing Units | 152 ( 5.3%) |
| Median Home Value | $366,377 |
| Average Home Value | $425,469 |
Housing Distribution
Address Breakdown
Residential
2,993
Single Family
2,993
Multi-Family
0
Businesses
89
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Listed by: Cindi Honeycutt • Keller Williams Realty
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10099977
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.