1375 E Us Highway 19eBurnsvilleNC28714
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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
Total monthly income runs $2,585/mo, and a $4,204/mo payment. Purchase price stands at $859,000, and rental yield measures 3.61% with $2,585/mo rent. Return on cash invested shows 8.81% in year one, and 5% annual appreciation builds toward $237,326 over five years. Five-year ROI reaches 43.16% and total cumulative return in cash records $121,983. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,585/mo property income covering a $4,204/mo payment rather than investor’s personal income.
Single Family
Built in 1974
1.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28714, Burnsville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,214 (100%) |
| Owner Occupied HU | 5,804 (56.8%) |
| Renter Occupied HU | 1,805 (17.7%) |
| Vacant Housing Units | 2,605 (25.5%) |
| Median Home Value | $289,107 |
| Average Home Value | $347,795 |
Housing Distribution
Address Breakdown
Residential
8,267
Single Family
7,880
Multi-Family
387
Businesses
523
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Listed by: Duane Cassida • Carolina Mountain Realty, Inc.
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4329254