143 Grassy Knoll WayBlowing RockNC28605
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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 Blowing Rock at 143 Grassy Knoll Way, Blowing Rock, NC, 28605 at $1,169,000 posts ROI 14.66% with from $5,324/mo rent. Total monthly income equals $5,324/mo. Return on cash invested measures 14.66% and rental yield reads 5.47% at the current $1,169,000. Equity gained on principal adds $7,543/yr, and 5% annual appreciation supports $322,973 by year five. Five-year ROI prints 74.5% and total cumulative return in cash totals $282,167. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,324/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1997
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28605, Blowing Rock, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,542 (100%) |
| Owner Occupied HU | 1,327 (29.2%) |
| Renter Occupied HU | 505 (11.1%) |
| Vacant Housing Units | 2,710 (59.7%) |
| Median Home Value | $492,067 |
| Average Home Value | $577,990 |
Housing Distribution
Address Breakdown
Residential
1,694
Single Family
1,694
Multi-Family
0
Businesses
239
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Listed by: Jay Coble • Blue Ridge Realty & Inv. Blowing Rock
Mls Name: High Country AOR
Mls ID: #255997