158 Morning 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 158 Morning Dr, Waynesville, NC, 28786 listed at $269,000 pairs $2,328/mo rent with a $1,317/mo payment to leave $688/mo cash flow. Total monthly income runs $2,328/mo, and annual cash flow reaches $8,258/yr on $89,174 cash to close. Return on cash invested measures 29.17% in year one, and rental yield registers 10.39% at a $269,000 basis. Equity gained on principal adds $1,736/yr, and annual property appreciation at 5% supports $74,320 by year five. Five-year ROI tracks 152.41% and total cumulative return in cash totals $135,911. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,328/mo property income relative to a $1,317/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
0.41 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: Buck Schall • Dwell Realty Group
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4307923