199 Brooker StreetBlowing RockNC28605
Nearby investment properties with comparable rents
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 Blowing Rock at 199 Brooker Street, Blowing Rock, NC, 28605 offers $2,592/mo rent that, after a $3,548/mo payment. Total monthly income is $2,592/mo. Return on cash invested measures 10.87% in year one, and rental yield stands at 4.29% at a $724,900 entry. Equity gained on principal adds $4,678/yr while 5% annual appreciation compounds into $200,277 by year five. Five-year ROI records 54.24% and total cumulative return in cash reaches $129,369. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,592/mo property income versus a $3,548/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28605, Blowing Rock, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,542 (100%) |
| Owner Occupied HU | 1,327 (29.2%) |
| Renter Occupied HU | 505 (11.1%) |
| Vacant Housing Units | 2,710 (59.7%) |
| Median Home Value | $492,067 |
| Average Home Value | $577,990 |
Housing Distribution
Address Breakdown
Residential
1,694
Single Family
1,694
Multi-Family
0
Businesses
239
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ronald Kent • EXP Realty LLC
Mls Name: High Country AOR
Mls ID: #258746