132 W Pond CreekBeech MountainNC28604
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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 Beech Mountain at 132 W Pond Creek, Beech Mountain, NC, 28604 priced at $499,000 converts $1,936/mo rent into after a $2,442/mo obligation. Total monthly income equals $1,936/mo. Return on cash invested prints 11.89% in year one, and rental yield reads 4.66% against a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation compiles into $137,865 by year five. Five-year ROI reaches 59.76% and total cumulative return in cash sums $98,850. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,936/mo property income covering a $2,442/mo payment, not borrower’s personal income.
Single Family
Built in 2011
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28604, Banner Elk, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,910 (100%) |
| Owner Occupied HU | 2,452 (24.7%) |
| Renter Occupied HU | 743 ( 7.5%) |
| Vacant Housing Units | 6,715 (67.8%) |
| Median Home Value | $382,801 |
| Average Home Value | $471,902 |
Housing Distribution
Address Breakdown
Residential
6,320
Single Family
5,791
Multi-Family
529
Businesses
455
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Listed by: Lori Bryan • Keller Williams High Country
Mls Name: High Country AOR
Mls Provider:
Mls ID: #253027
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.