1340 Macedonia RdSaludaNC28773
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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 1340 Macedonia Rd, Saluda, NC, 28773 earns from $3,102/mo rent with a $4,037/mo payment. Total monthly income totals $3,102/mo. ROI tracks 11.55% on current figures, and rental yield reads 4.51% at a $824,895 purchase. Equity gained on principal adds $5,323/yr, and 5% annual appreciation supports $227,903 over five years. Five-year ROI reaches 57.87% and total cumulative return in cash sums $157,044. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,102/mo property income instead of your personal income.
Single Family
Built in 1997
1.47 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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Listed by: Lee Linhart • RE/MAX Results
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4312295