1641 Frank Davis RdWaynesvilleNC28785
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1641 Frank Davis Rd, Waynesville, NC, 28785 listed at $709,600 pairs $3,319/mo rent with a $3,473/mo payment. Total monthly income runs $3,319/mo. Return on cash invested measures 14.76% in year one, and rental yield registers 5.61% at a $709,600 basis. Equity gained on principal adds $4,579/yr, and annual property appreciation at 5% supports $196,049 by year five. Five-year ROI tracks 75.14% and total cumulative return in cash totals $175,422. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,319/mo property income relative to a $3,473/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2008
2.65 Acres lot
$N/A/sqft
$25 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28785, Waynesville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,364 (100%) |
| Owner Occupied HU | 3,217 (60.0%) |
| Renter Occupied HU | 682 (12.7%) |
| Vacant Housing Units | 1,465 (27.3%) |
| Median Home Value | $349,783 |
| Average Home Value | $420,626 |
Housing Distribution
Address Breakdown
Residential
4,535
Single Family
4,535
Multi-Family
0
Businesses
107
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A