172 LakeviewDeep GapNC28618
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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 Deep Gap at 172 Lakeview, Deep Gap, NC, 28618 generates $1,835/mo in rent, after a $2,129/mo payment. Total monthly income is $1,835/mo. Return on cash invested sits at 13.12% in year one, and rental yield is 5.06% on a $435,000 entry. Equity gained on principal adds $2,807/yr, while 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 66.29% and total cumulative return in cash sums $95,592. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,835/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
1.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28618, Deep Gap, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,327 (100%) |
| Owner Occupied HU | 771 (58.1%) |
| Renter Occupied HU | 174 (13.1%) |
| Vacant Housing Units | 382 (28.8%) |
| Median Home Value | $371,538 |
| Average Home Value | $497,999 |
Housing Distribution
Address Breakdown
Residential
1,143
Single Family
1,143
Multi-Family
0
Businesses
91
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Listed by: Josh Honeycutt • Howard Hanna Allen Tate Realtors Boone
Mls Name: High Country AOR
Mls ID: #257457