143 Loch Dornie Drive #BLinvilleNC28646
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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 Linville at 143 Loch Dornie Drive #B, Linville, NC, 28646 offers $1,878/mo rent that, after a $4,527/mo payment. Total monthly income is $1,878/mo. Return on cash invested measures 5.24% in year one, and rental yield stands at 2.44% at a $925,000 entry. Equity gained on principal adds $5,969/yr while 5% annual appreciation compounds into $255,560 by year five. Five-year ROI records 24% and total cumulative return in cash reaches $73,045. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,878/mo property income versus a $4,527/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28646, Linville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,223 (100%) |
| Owner Occupied HU | 232 (19.0%) |
| Renter Occupied HU | 47 ( 3.8%) |
| Vacant Housing Units | 944 (77.2%) |
| Median Home Value | $377,193 |
| Average Home Value | $501,498 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
82
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Listed by: Sarah Whitfield • Premier Sotheby's International Realty- Banner Elk
Mls Name: High Country AOR
Mls ID: #258773