140 Lakeview AveBrevardNC28712
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Nearby investment properties with comparable prices
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 Brevard at 140 Lakeview Ave, Brevard, NC, 28712 priced at $990,000 pairs $2,618/mo rent with after a $4,846/mo payment. Total monthly income equals $2,618/mo. Return on cash invested is 7.47% in year one, and rental yield stands at 3.17% on a $990,000 basis. Equity gained on principal adds $6,388/yr, and 5% annual appreciation accumulates to $273,519 by year five. Five-year ROI measures 36% and total cumulative return in cash reaches $117,248. For financing, Ziffy Mortgage’s DSCR program evaluates $2,618/mo property income against a $4,846/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1949
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28712, Brevard, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,972 (100%) |
| Owner Occupied HU | 6,128 (55.9%) |
| Renter Occupied HU | 2,563 (23.4%) |
| Vacant Housing Units | 2,281 (20.8%) |
| Median Home Value | $411,050 |
| Average Home Value | $463,834 |
Housing Distribution
Address Breakdown
Residential
9,750
Single Family
9,493
Multi-Family
257
Businesses
926
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Listed by: Jason Shepherd • Looking Glass Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4314764