189 Poverty Branch RdBarnardsvilleNC28709
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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
Total monthly income runs $3,167/mo, and a $4,155/mo payment. Purchase price stands at $849,000, and rental yield measures 4.48% with $3,167/mo rent. Return on cash invested shows 11.44% in year one, and 5% annual appreciation builds toward $234,563 over five years. Five-year ROI reaches 57.27% and total cumulative return in cash records $159,968. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,167/mo property income covering a $4,155/mo payment rather than investor’s personal income.
Single Family
Built in 2001
17.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28709, Barnardsville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,127 (100%) |
| Owner Occupied HU | 741 (65.7%) |
| Renter Occupied HU | 202 (17.9%) |
| Vacant Housing Units | 184 (16.3%) |
| Median Home Value | $341,667 |
| Average Home Value | $348,526 |
Housing Distribution
Address Breakdown
Residential
861
Single Family
861
Multi-Family
0
Businesses
50
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Listed by: Crystal Garland • RE/MAX RESULTS
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4276020