181 Pheasant LaneBlowing RockNC28605
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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
Rental property for sale in Blowing Rock at 181 Pheasant Lane, Blowing Rock, NC, 28605 priced at $1,049,000 pairs $3,714/mo rent with after a $5,134/mo payment. Total monthly income equals $3,714/mo. Return on cash invested is 10.82% in year one, and rental yield stands at 4.25% on a $1,049,000 basis. Equity gained on principal adds $6,769/yr, and 5% annual appreciation accumulates to $289,819 by year five. Five-year ROI measures 53.94% and total cumulative return in cash reaches $183,328. For financing, Ziffy Mortgage’s DSCR program evaluates $3,714/mo property income against a $5,134/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
0.36 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28605, Blowing Rock, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,542 (100%) |
| Owner Occupied HU | 1,327 (29.2%) |
| Renter Occupied HU | 505 (11.1%) |
| Vacant Housing Units | 2,710 (59.7%) |
| Median Home Value | $492,067 |
| Average Home Value | $577,990 |
Housing Distribution
Address Breakdown
Residential
1,694
Single Family
1,694
Multi-Family
0
Businesses
239
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Listed by: Pamela Winkler • Blowing Rock Properties, Inc
Mls Name: High Country AOR
Mls Provider:
Mls ID: #257749
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.