126 Pasco LoopWaynesvilleNC28785
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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 126 Pasco Loop, Waynesville, NC, 28785 offers $2,699/mo rent that, after a $2,322/mo payment. Total monthly income is $2,699/mo. Return on cash invested measures 18.44% in year one, and rental yield stands at 6.83% at a $474,500 entry. Equity gained on principal adds $3,062/yr while 5% annual appreciation compounds into $131,096 by year five. Five-year ROI records 94.84% and total cumulative return in cash reaches $149,178. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,699/mo property income versus a $2,322/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28785, Waynesville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,364 (100%) |
| Owner Occupied HU | 3,217 (60.0%) |
| Renter Occupied HU | 682 (12.7%) |
| Vacant Housing Units | 1,465 (27.3%) |
| Median Home Value | $349,783 |
| Average Home Value | $420,626 |
Housing Distribution
Address Breakdown
Residential
4,535
Single Family
4,535
Multi-Family
0
Businesses
107
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Listed by: Shannon Revelia • Better Homes and Gardens Real Estate Heritage
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4301663