195 Whitmire RdBrevardNC28712
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Nearby investment properties with comparable prices
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 Brevard at 195 Whitmire Rd, Brevard, NC, 28712 priced at $395,000 converts $2,527/mo rent into $120/mo cash flow after a $1,933/mo obligation. Total monthly income equals $2,527/mo, and annual cash flow totals $1,440/yr on $130,943 invested. Return on cash invested prints 21.01% in year one, and rental yield reads 7.68% against a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation compiles into $109,131 by year five. Five-year ROI reaches 108.6% and total cumulative return in cash sums $142,206. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,527/mo property income covering a $1,933/mo payment, not borrower’s personal income.
Single Family
Built in 1939
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28712, Brevard, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,972 (100%) |
| Owner Occupied HU | 6,128 (55.9%) |
| Renter Occupied HU | 2,563 (23.4%) |
| Vacant Housing Units | 2,281 (20.8%) |
| Median Home Value | $411,050 |
| Average Home Value | $463,834 |
Housing Distribution
Address Breakdown
Residential
9,750
Single Family
9,493
Multi-Family
257
Businesses
926
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Listed by: Berne Merriman • Looking Glass Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4328642