19 Jasmine PlLaurel ParkNC28739
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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 Laurel Park at 19 Jasmine Pl, Laurel Park, NC, 28739 priced at $549,999 converts $2,862/mo rent into after a $2,692/mo obligation. Total monthly income equals $2,862/mo. Return on cash invested prints 16.81% in year one, and rental yield reads 6.24% against a $549,999 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation compiles into $151,955 by year five. Five-year ROI reaches 86.06% and total cumulative return in cash sums $155,721. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,862/mo property income covering a $2,692/mo payment, not borrower’s personal income.
Single Family
Built in 1988
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28739, Hendersonville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,990 (100%) |
| Owner Occupied HU | 8,107 (67.6%) |
| Renter Occupied HU | 2,164 (18.0%) |
| Vacant Housing Units | 1,719 (14.3%) |
| Median Home Value | $453,982 |
| Average Home Value | $545,676 |
Housing Distribution
Address Breakdown
Residential
10,599
Single Family
10,182
Multi-Family
417
Businesses
282
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Listed by: Alysia Maher • Allen Tate/Beverly-Hanks Hendersonville
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4276548