1581 River Front DriveJeffersonNC28640
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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 Jefferson at 1581 River Front Drive, Jefferson, NC, 28640 offers a 4.67% rental yield on a $450,000 purchase with $1,753/mo rent. 95% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 60.01% and total cumulative return in cash at $89,514. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,753/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28640, Jefferson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,795 (100%) |
| Owner Occupied HU | 1,466 (52.5%) |
| Renter Occupied HU | 628 (22.5%) |
| Vacant Housing Units | 701 (25.1%) |
| Median Home Value | $288,000 |
| Average Home Value | $335,638 |
Housing Distribution
Address Breakdown
Residential
2,205
Single Family
2,052
Multi-Family
153
Businesses
262
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Listed by: Matt de Camara • Ashe Real Estate
Mls Name: High Country AOR
Mls ID: #259686