150 Cherry HlMill SpringNC28756
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 Mill Spring at 150 Cherry Hl, Mill Spring, NC, 28756 at $1,999,000 posts ROI 10.17% with from $6,680/mo rent. Total monthly income equals $6,680/mo. Return on cash invested measures 10.17% and rental yield reads 4.01% at the current $1,999,000. Equity gained on principal adds $12,899/yr, and 5% annual appreciation supports $552,287 by year five. Five-year ROI prints 50.42% and total cumulative return in cash totals $326,537. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,680/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2007
2.10 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Linda Noble • Looking Glass Realty, Saluda
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4201746
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