20 Country RdHendersonvilleNC28791
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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 Hendersonville at 20 Country Rd, Hendersonville, NC, 28791 priced at $509,500 converts $3,334/mo rent into $229/mo cash flow after a $2,494/mo obligation. Total monthly income equals $3,334/mo, and annual cash flow totals $2,743/yr on $167,626 invested. Return on cash invested prints 21.7% in year one, and rental yield reads 7.85% against a $509,500 entry. Equity gained on principal adds $3,288/yr, while 5% annual appreciation compiles into $140,765 by year five. Five-year ROI reaches 112.27% and total cumulative return in cash sums $188,198. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,334/mo property income covering a $2,494/mo payment, not borrower’s personal income.
Single Family
Built in 1971
1.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28791, Hendersonville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,366 (100%) |
| Owner Occupied HU | 5,375 (73.0%) |
| Renter Occupied HU | 1,393 (18.9%) |
| Vacant Housing Units | 598 ( 8.1%) |
| Median Home Value | $435,268 |
| Average Home Value | $481,838 |
Housing Distribution
Address Breakdown
Residential
6,759
Single Family
6,680
Multi-Family
79
Businesses
383
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Listed by: Kimberly Raygoza • Epique Inc.
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4333723