185 Frontier DrSylvaNC28779
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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
Investment property for sale in Sylva at 185 Frontier Dr, Sylva, NC, 28779 uses $91,163 cash to close to unlock $7,464/yr annual cash flow and $622/mo monthly cash flow. Total monthly income runs $2,298/mo, and a $1,346/mo payment keeps the spread at $622/mo. Purchase price stands at $275,000, and rental yield measures 10.03% with $2,298/mo rent. Return on cash invested shows 28.1% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 146.61% and total cumulative return in cash records $133,655. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,298/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1955
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28779, Sylva, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,868 (100%) |
| Owner Occupied HU | 5,419 (54.9%) |
| Renter Occupied HU | 2,510 (25.4%) |
| Vacant Housing Units | 1,939 (19.6%) |
| Median Home Value | $281,555 |
| Average Home Value | $336,593 |
Housing Distribution
Address Breakdown
Residential
7,505
Single Family
7,463
Multi-Family
42
Businesses
764
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Listed by: Daniel O'connell • Exp Realty, LLC (Mls Only)
Mls Name: Carolina Smokies MLS
Mls ID: #26040726
Disclaimer: Copyright Carolina Smokies Association of Realtors & MLS. All rights reserved. Information is deemed reliable but not guaranteed.