155 Mull Cove RdMaggie ValleyNC28751
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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
Investment property for sale in Maggie Valley at 155 Mull Cove Rd, Maggie Valley, NC, 28751 uses $74,588 cash to close to unlock $1,632/yr annual cash flow and $136/mo monthly cash flow. Total monthly income runs $1,507/mo, and a $1,101/mo payment keeps the spread at $136/mo. Purchase price stands at $225,000, and rental yield measures 8.04% with $1,507/mo rent. Return on cash invested shows 22.1% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 114.43% and total cumulative return in cash records $85,353. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,507/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1971
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28751, Maggie Valley, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,224 (100%) |
| Owner Occupied HU | 1,602 (37.9%) |
| Renter Occupied HU | 366 ( 8.7%) |
| Vacant Housing Units | 2,256 (53.4%) |
| Median Home Value | $313,131 |
| Average Home Value | $368,015 |
Housing Distribution
Address Breakdown
Residential
2,410
Single Family
2,410
Multi-Family
0
Businesses
266
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Listed by: Michelle McElroy • Howard Hanna Beverly-Hanks Waynesville
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4333073