1472 Settawig RdBrasstownNC28902
Nearby investment properties with comparable rents
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
Investment property for sale in Brasstown at 1472 Settawig Rd, Brasstown, NC, 28902 offers a 9.21% rental yield on a $140,000 purchase with $1,075/mo rent. Total monthly income registers $1,075/mo, and a $685/mo payment leaves $222/mo available for distribution. Annual cash flow reaches $2,664/yr on $46,410 to close, and return on cash invested stands at 25.65% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 133.52% and total cumulative return in cash at $61,966. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,075/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28902, Brasstown, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 917 (100%) |
| Owner Occupied HU | 557 (60.7%) |
| Renter Occupied HU | 90 ( 9.8%) |
| Vacant Housing Units | 270 (29.4%) |
| Median Home Value | $353,000 |
| Average Home Value | $372,702 |
Housing Distribution
Address Breakdown
Residential
660
Single Family
660
Multi-Family
0
Businesses
42
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cynthia Lumbert • Old Town Brokers
Mls Name: Mountain Lakes BOR
Mls ID: #153242