1620 Buckberry Dr NSapphireNC28774
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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
Rental property for sale in Sapphire at 1620 Buckberry Dr N, Sapphire, NC, 28774 generates $1,440/mo in rent, after a $4,141/mo payment. Total monthly income is $1,440/mo. Return on cash invested sits at 4.04% in year one, and rental yield is 2.04% on a $846,100 entry. Equity gained on principal adds $5,460/yr, while 5% annual appreciation builds toward $233,762 over five years. Five-year ROI reaches 17.58% and total cumulative return in cash sums $48,945. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,440/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28774, Sapphire, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,009 (100%) |
| Owner Occupied HU | 701 (23.3%) |
| Renter Occupied HU | 144 ( 4.8%) |
| Vacant Housing Units | 2,164 (71.9%) |
| Median Home Value | $576,754 |
| Average Home Value | $680,036 |
Housing Distribution
Address Breakdown
Residential
1,304
Single Family
1,304
Multi-Family
0
Businesses
65
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Listed by: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #1000696