153 Snowshoe LoopNewlandNC28657
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 Newland at 153 Snowshoe Loop, Newland, NC, 28657 with 5% annual appreciation on a $179,900 basis while $1,058/mo rent supports operations. 33% in year one. Equity gained on principal adds $1,161/yr, and five-year appreciation sums $49,703 alongside rental yield of 7.06%. Five-year ROI measures 69.62% and total cumulative return in cash totals $41,517. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,058/mo property income versus a $881/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1982
5,227 sqft lot
$N/A/sqft
$3,456 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28657, Newland, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,763 (100%) |
| Owner Occupied HU | 3,396 (50.2%) |
| Renter Occupied HU | 825 (12.2%) |
| Vacant Housing Units | 2,542 (37.6%) |
| Median Home Value | $293,074 |
| Average Home Value | $385,331 |
Housing Distribution
Address Breakdown
Residential
4,428
Single Family
4,396
Multi-Family
32
Businesses
356
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Greg Coley • Mountain Run Properties
Mls Name: High Country AOR
Mls Provider:
Mls ID: #254571
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.