130 Cornerstone LaneDeep GapNC28618
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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 Deep Gap at 130 Cornerstone Lane, Deep Gap, NC, 28618 priced at $394,500 pairs $1,957/mo rent with after a $1,931/mo payment. Total monthly income equals $1,957/mo. Return on cash invested is 15.8% in year one, and rental yield stands at 5.95% on a $394,500 basis. Equity gained on principal adds $2,546/yr, and 5% annual appreciation accumulates to $108,993 by year five. Five-year ROI measures 80.71% and total cumulative return in cash reaches $105,545. For financing, Ziffy Mortgage’s DSCR program evaluates $1,957/mo property income against a $1,931/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1971
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28618, Deep Gap, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,327 (100%) |
| Owner Occupied HU | 771 (58.1%) |
| Renter Occupied HU | 174 (13.1%) |
| Vacant Housing Units | 382 (28.8%) |
| Median Home Value | $371,538 |
| Average Home Value | $497,999 |
Housing Distribution
Address Breakdown
Residential
1,143
Single Family
1,143
Multi-Family
0
Businesses
91
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Listed by: Justin Hackler • Boone Realty
Mls Name: High Country AOR
Mls ID: #257250