193 E Landing Drive #104JeffersonNC28640
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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 Jefferson at 193 E Landing Drive #104, Jefferson, NC, 28640 uses $53,040 cash to close to unlock $4,932/yr annual cash flow and $411/mo monthly cash flow. Total monthly income runs $1,386/mo, and a $783/mo payment keeps the spread at $411/mo. Purchase price stands at $160,000, and rental yield measures 10.39% with $1,386/mo rent. Return on cash invested shows 29.21% in year one, and 5% annual appreciation builds toward $44,205 over five years. Five-year ROI reaches 152.58% and total cumulative return in cash records $80,930. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,386/mo property income covering a $783/mo payment rather than investor’s personal income.
Condo
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28640, Jefferson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,795 (100%) |
| Owner Occupied HU | 1,466 (52.5%) |
| Renter Occupied HU | 628 (22.5%) |
| Vacant Housing Units | 701 (25.1%) |
| Median Home Value | $288,000 |
| Average Home Value | $335,638 |
Housing Distribution
Address Breakdown
Residential
2,205
Single Family
2,052
Multi-Family
153
Businesses
262
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Listed by: Sherrie Edwards • 4 Seasons Vacation Rentals & Sales
Mls Name: High Country AOR
Mls ID: #258744