18 Terrace LnWeavervilleNC28787
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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 Weaverville at 18 Terrace Ln, Weaverville, NC, 28787 offers $3,072/mo rent that, after a $2,785/mo payment. Total monthly income is $3,072/mo. Return on cash invested measures 17.52% in year one, and rental yield stands at 6.48% at a $569,000 entry. Equity gained on principal adds $3,672/yr while 5% annual appreciation compounds into $157,204 by year five. Five-year ROI records 89.91% and total cumulative return in cash reaches $168,311. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,072/mo property income versus a $2,785/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
2.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28787, Weaverville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,985 (100%) |
| Owner Occupied HU | 7,663 (69.8%) |
| Renter Occupied HU | 2,359 (21.5%) |
| Vacant Housing Units | 963 ( 8.8%) |
| Median Home Value | $456,864 |
| Average Home Value | $531,399 |
Housing Distribution
Address Breakdown
Residential
10,632
Single Family
10,452
Multi-Family
180
Businesses
619
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Listed by: Lynn Bolser • NextHome AVL Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4319755