128 Oak LnHayesvilleNC28904
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hayesville at 128 Oak Ln, Hayesville, NC, 28904 priced at $648,000 converts $2,160/mo rent into after a $3,172/mo obligation. Total monthly income equals $2,160/mo. Return on cash invested prints 9.99% in year one, and rental yield reads 4% against a $648,000 entry. Equity gained on principal adds $4,181/yr, while 5% annual appreciation compiles into $179,030 by year five. Five-year ROI reaches 49.49% and total cumulative return in cash sums $105,514. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,160/mo property income covering a $3,172/mo payment, not borrower’s personal income.
Single Family
Built in 2006
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28904, Hayesville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,753 (100%) |
| Owner Occupied HU | 3,559 (52.7%) |
| Renter Occupied HU | 944 (14.0%) |
| Vacant Housing Units | 2,250 (33.3%) |
| Median Home Value | $409,328 |
| Average Home Value | $448,304 |
Housing Distribution
Address Breakdown
Residential
5,072
Single Family
5,072
Multi-Family
0
Businesses
430
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Barbara Thomas • Coldwell Banker High Country Realty - Hiawassee
Mls Name: NGBOR
Mls ID: #414000