1533 Tate Cove Rd, Hayesville, NC, 28904 | 3.67% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Hayesville at 1533 Tate Cove Rd, Hayesville, NC, 28904 offers $1,463/mo rent that, after a $2,344/mo payment. Total monthly income is $1,463/mo. Return on cash invested measures 8.59% in year one, and rental yield stands at 3.67% at a $479,000 entry. Equity gained on principal adds $3,091/yr while 5% annual appreciation compounds into $132,339 by year five. Five-year ROI records 42.15% and total cumulative return in cash reaches $66,927. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,463/mo property income versus a $2,344/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1990

2.80 Acres lot

$N/A/sqft

$500 annually HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 28904, Hayesville, NC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,753 (100%)
Owner Occupied HU	3,559 (52.7%)
Renter Occupied HU	944 (14.0%)
Vacant Housing Units	2,250 (33.3%)
Median Home Value	$409,328
Average Home Value	$448,304