201 Scenic Wolf DrMars HillNC28754
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 Mars Hill at 201 Scenic Wolf Dr, Mars Hill, NC, 28754 generates $3,552/mo in rent, after a $3,308/mo payment. Total monthly income is $3,552/mo. Return on cash invested sits at 17% in year one, and rental yield is 6.31% on a $675,900 entry. Equity gained on principal adds $4,361/yr, while 5% annual appreciation builds toward $186,739 over five years. Five-year ROI reaches 87.07% and total cumulative return in cash sums $193,629. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,552/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
0.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28754, Mars Hill, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,361 (100%) |
| Owner Occupied HU | 2,512 (57.6%) |
| Renter Occupied HU | 732 (16.8%) |
| Vacant Housing Units | 1,117 (25.6%) |
| Median Home Value | $328,571 |
| Average Home Value | $445,541 |
Housing Distribution
Address Breakdown
Residential
3,889
Single Family
3,832
Multi-Family
57
Businesses
266
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mike Pocisk • EXP Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4302418