201 Spring Place DrHendersonvilleNC28791
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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 201 Spring Place Dr, Hendersonville, NC, 28791 generates $2,556/mo in rent and, after a $1,297/mo payment, leaves $941/mo in cash flow. Total monthly income is $2,556/mo, and annual cash flow is $11,292/yr on $87,848 invested. Return on cash invested sits at 32.76% in year one, and rental yield is 11.57% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 171.63% and total cumulative return in cash sums $150,771. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,556/mo property income rather than buyer’s personal income.
Manufactured
Built in 2000
0.21 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: Maria Sorto • Keller Williams Mtn Partners, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4276273