155 Woodland DrWaynesvilleNC28786
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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 Waynesville at 155 Woodland Dr, Waynesville, NC, 28786 listed at $215,000 pairs $1,661/mo rent with a $1,052/mo payment to leave $351/mo cash flow. Total monthly income runs $1,661/mo, and annual cash flow reaches $4,212/yr on $71,273 cash to close. Return on cash invested measures 25.82% in year one, and rental yield registers 9.27% at a $215,000 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,401 by year five. Five-year ROI tracks 134.39% and total cumulative return in cash totals $95,785. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,661/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1946
0.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28786, Waynesville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,175 (100%) |
| Owner Occupied HU | 6,981 (57.3%) |
| Renter Occupied HU | 3,128 (25.7%) |
| Vacant Housing Units | 2,066 (17.0%) |
| Median Home Value | $297,270 |
| Average Home Value | $346,300 |
Housing Distribution
Address Breakdown
Residential
11,130
Single Family
10,582
Multi-Family
548
Businesses
1,261
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Listed by: Jaci Reynolds • RE/MAX Executive
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4288634