129 Nolte WaySaludaNC28773
Nearby investment properties with comparable rents
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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 Saluda at 129 Nolte Way, Saluda, NC, 28773 at $585,000 posts ROI 15.48% with from $2,831/mo rent. Total monthly income equals $2,831/mo. Return on cash invested measures 15.48% and rental yield reads 5.81% at the current $585,000. Equity gained on principal adds $3,775/yr, and 5% annual appreciation supports $161,625 by year five. Five-year ROI prints 78.95% and total cumulative return in cash totals $151,950. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,831/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1999
2.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28773, Saluda, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,373 (100%) |
| Owner Occupied HU | 1,234 (52.0%) |
| Renter Occupied HU | 308 (13.0%) |
| Vacant Housing Units | 831 (35.0%) |
| Median Home Value | $398,750 |
| Average Home Value | $497,273 |
Housing Distribution
Address Breakdown
Residential
1,696
Single Family
1,696
Multi-Family
0
Businesses
133
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Nearby investment properties with comparable prices
Listed by: Kimberly Gage • Looking Glass Realty, Saluda
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4294131