136 Ridge Brook DrWeavervilleNC28787
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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 Weaverville at 136 Ridge Brook Dr, Weaverville, NC, 28787 priced at $510,000 converts $3,209/mo rent into $101/mo cash flow after a $2,496/mo obligation. Total monthly income equals $3,209/mo, and annual cash flow totals $1,212/yr on $167,790 invested. Return on cash invested prints 20.78% in year one, and rental yield reads 7.55% against a $510,000 entry. Equity gained on principal adds $3,291/yr, while 5% annual appreciation compiles into $140,904 by year five. Five-year ROI reaches 107.36% and total cumulative return in cash sums $180,135. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,209/mo property income covering a $2,496/mo payment, not borrower’s personal income.
Single Family
Built in 2002
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28787, Weaverville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,985 (100%) |
| Owner Occupied HU | 7,663 (69.8%) |
| Renter Occupied HU | 2,359 (21.5%) |
| Vacant Housing Units | 963 ( 8.8%) |
| Median Home Value | $456,864 |
| Average Home Value | $531,399 |
Housing Distribution
Address Breakdown
Residential
10,632
Single Family
10,452
Multi-Family
180
Businesses
619
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Listed by: Laurie Reese • Reese Real Estate Inc
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4310114