210 Laurel LaneNewlandNC28657
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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 Newland at 210 Laurel Lane, Newland, NC, 28657 at $129,900 posts ROI 25.18% with $189/mo cash flow from $981/mo rent. Total monthly income equals $981/mo, and annual cash flow records $2,269/yr on $43,062 to close. Return on cash invested measures 25.18% and rental yield reads 9.06% at the current $129,900. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 by year five. Five-year ROI prints 131.1% and total cumulative return in cash totals $56,455.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $981/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1981
7,361 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28657, Newland, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,763 (100%) |
| Owner Occupied HU | 3,396 (50.2%) |
| Renter Occupied HU | 825 (12.2%) |
| Vacant Housing Units | 2,542 (37.6%) |
| Median Home Value | $293,074 |
| Average Home Value | $385,331 |
Housing Distribution
Address Breakdown
Residential
4,428
Single Family
4,396
Multi-Family
32
Businesses
356
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Listed by: Linda Halter • Heavenly Mountain Properties, LLC
Mls Name: High Country AOR
Mls ID: #255337