156 Landeau CirSylvaNC28779
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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 Sylva at 156 Landeau Cir, Sylva, NC, 28779 uses $115,694 cash to close to unlock $5,678/yr annual cash flow and $473/mo monthly cash flow. Total monthly income runs $2,600/mo, and a $1,708/mo payment keeps the spread at $473/mo. Purchase price stands at $349,000, and rental yield measures 8.94% with $2,600/mo rent. Return on cash invested shows 24.82% in year one, and 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 129.07% and total cumulative return in cash records $149,328. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,600/mo property income covering a $1,708/mo payment rather than investor’s personal income.
Single Family
Built in 2021
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28779, Sylva, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,868 (100%) |
| Owner Occupied HU | 5,419 (54.9%) |
| Renter Occupied HU | 2,510 (25.4%) |
| Vacant Housing Units | 1,939 (19.6%) |
| Median Home Value | $281,555 |
| Average Home Value | $336,593 |
Housing Distribution
Address Breakdown
Residential
7,505
Single Family
7,463
Multi-Family
42
Businesses
764
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Listed by: Adam Koonts • Keller Williams Great Smokies - Sylva
Mls Name: Carolina Smokies MLS
Mls ID: #26041793