2087 Henry RdSylvaNC28779
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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 Sylva at 2087 Henry Rd, Sylva, NC, 28779 uses $99,119 cash to close to unlock $3,734/yr annual cash flow and $311/mo monthly cash flow. Total monthly income runs $2,133/mo, and a $1,463/mo payment keeps the spread at $311/mo. Purchase price stands at $299,000, and rental yield measures 8.56% with $2,133/mo rent. Return on cash invested shows 23.68% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 122.97% and total cumulative return in cash records $121,882. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,133/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1958
16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28779, Sylva, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,868 (100%) |
| Owner Occupied HU | 5,419 (54.9%) |
| Renter Occupied HU | 2,510 (25.4%) |
| Vacant Housing Units | 1,939 (19.6%) |
| Median Home Value | $281,555 |
| Average Home Value | $336,593 |
Housing Distribution
Address Breakdown
Residential
7,505
Single Family
7,463
Multi-Family
42
Businesses
764
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Listed by: Rhett Wolfe • Mossy Oak Properties Carolina Timber & Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4273854