123 Orvis Stone CirBiltmore LakeNC28715
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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 Biltmore Lake at 123 Orvis Stone Cir, Biltmore Lake, NC, 28715 with 5% annual appreciation on a $1,350,000 basis while $3,398/mo rent supports operations. 12% in year one. Equity gained on principal adds $8,711/yr, and five-year appreciation sums $372,980 alongside rental yield of 3.02%. Five-year ROI measures 34.02% and total cumulative return in cash totals $148,817. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,398/mo property income versus a $6,608/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2019
0.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28715, Candler, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,024 (100%) |
| Owner Occupied HU | 8,674 (66.6%) |
| Renter Occupied HU | 3,160 (24.3%) |
| Vacant Housing Units | 1,190 ( 9.1%) |
| Median Home Value | $395,567 |
| Average Home Value | $477,276 |
Housing Distribution
Address Breakdown
Residential
12,504
Single Family
12,494
Multi-Family
10
Businesses
514
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Listed by: Jamie Turner • Howard Hanna Beverly-Hanks Asheville-Biltmore Park
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4333443