205 The Cones UNIT D-2Blowing RockNC28605
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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
Investment property for sale in Blowing Rock at 205 The Cones UNIT D-2, Blowing Rock, NC, 28605 earns from $3,360/mo rent with a $3,475/mo payment. Total monthly income totals $3,360/mo. ROI tracks 15.09% on current figures, and rental yield reads 5.68% at a $710,000 purchase. Equity gained on principal adds $4,582/yr, and 5% annual appreciation supports $196,160 over five years. Five-year ROI reaches 76.85% and total cumulative return in cash sums $179,507. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,360/mo property income instead of your personal income.
Condo
Built in 2005
N/A 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
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Listed by: Tyler Bryson • Blowing Rock Mountain Properties
Mls Name: High Country AOR
Mls ID: #257212