1916 Silver Canoe WayStanleyNC28164
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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 Stanley at 1916 Silver Canoe Way, Stanley, NC, 28164 uses $130,671 cash to close to unlock $8,472/yr annual cash flow and $706/mo monthly cash flow. Total monthly income runs $3,108/mo, and a $1,929/mo payment keeps the spread at $706/mo. Purchase price stands at $394,180, and rental yield measures 9.46% with $3,108/mo rent. Return on cash invested shows 26.39% in year one, and 5% annual appreciation builds toward $108,905 over five years. Five-year ROI reaches 137.48% and total cumulative return in cash records $179,641. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,108/mo property income covering a $1,929/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28164, Stanley, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,790 (100%) |
| Owner Occupied HU | 5,220 (76.9%) |
| Renter Occupied HU | 1,257 (18.5%) |
| Vacant Housing Units | 313 ( 4.6%) |
| Median Home Value | $351,924 |
| Average Home Value | $372,055 |
Housing Distribution
Address Breakdown
Residential
6,306
Single Family
6,272
Multi-Family
34
Businesses
340
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Listed by: Jimmy McClurg • Meritage Homes of the Carolinas
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4325914