1875 Laurel Fork RoadVilasNC28692
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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 Vilas at 1875 Laurel Fork Road, Vilas, NC, 28692 offers a 9.24% rental yield on a $275,000 purchase with $2,118/mo rent. Total monthly income registers $2,118/mo, and a $1,346/mo payment leaves $442/mo available for distribution. Annual cash flow reaches $5,304/yr on $91,163 to close, and return on cash invested stands at 25.73% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 133.9% and total cumulative return in cash at $122,063. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,118/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28692, Vilas, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,583 (100%) |
| Owner Occupied HU | 1,385 (53.6%) |
| Renter Occupied HU | 544 (21.1%) |
| Vacant Housing Units | 654 (25.3%) |
| Median Home Value | $324,499 |
| Average Home Value | $397,727 |
Housing Distribution
Address Breakdown
Residential
1,990
Single Family
1,990
Multi-Family
0
Businesses
90
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Listed by: Rita Storie • A PLUS Realty
Mls Name: High Country AOR
Mls ID: #257557