206 Mountain Club Drive #E3VilasNC28692
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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 Vilas at 206 Mountain Club Drive #E3, Vilas, NC, 28692 uses $130,943 cash to close to unlock $3,324/yr annual cash flow and $277/mo monthly cash flow. Total monthly income runs $2,684/mo, and a $1,933/mo payment keeps the spread at $277/mo. Purchase price stands at $395,000, and rental yield measures 8.15% with $2,684/mo rent. Return on cash invested shows 22.45% in year one, and 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 116.32% and total cumulative return in cash records $152,310. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,684/mo property income covering a $1,933/mo payment rather than investor’s personal income.
Townhouse
Built in 1991
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28692, Vilas, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,583 (100%) |
| Owner Occupied HU | 1,385 (53.6%) |
| Renter Occupied HU | 544 (21.1%) |
| Vacant Housing Units | 654 (25.3%) |
| Median Home Value | $324,499 |
| Average Home Value | $397,727 |
Housing Distribution
Address Breakdown
Residential
1,990
Single Family
1,990
Multi-Family
0
Businesses
90
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Listed by: Donna Dunham • Keller Williams High Country
Mls Name: High Country AOR
Mls ID: #259305