145 Old Mill DrBryson CityNC28713
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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 Bryson City at 145 Old Mill Dr, Bryson City, NC, 28713 generates $2,225/mo in rent and, after a $1,101/mo payment, leaves $854/mo in cash flow. Total monthly income is $2,225/mo, and annual cash flow is $10,248/yr on $74,588 invested. Return on cash invested sits at 33.65% in year one, and rental yield is 11.87% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 176.37% and total cumulative return in cash sums $131,553. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,225/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28713, Bryson City, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,892 (100%) |
| Owner Occupied HU | 2,716 (46.1%) |
| Renter Occupied HU | 1,032 (17.5%) |
| Vacant Housing Units | 2,144 (36.4%) |
| Median Home Value | $278,505 |
| Average Home Value | $344,501 |
Housing Distribution
Address Breakdown
Residential
3,981
Single Family
3,941
Multi-Family
40
Businesses
459
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Listed by: Deborah Hyatt • Appalachian Real Estate
Mls Name: Carolina Smokies MLS
Mls ID: #26042986