211 Heartland RdgSylvaNC28779
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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 211 Heartland Rdg, Sylva, NC, 28779 uses $132,600 cash to close to unlock $1,212/yr annual cash flow and $101/mo monthly cash flow. Total monthly income runs $2,539/mo, and a $1,958/mo payment keeps the spread at $101/mo. Purchase price stands at $400,000, and rental yield measures 7.62% with $2,539/mo rent. Return on cash invested shows 20.82% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 107.61% and total cumulative return in cash records $142,696. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,539/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.48 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: Leigh Colombo • Allen Tate - Greenville/Simp.
Mls Name: Greater Greenville AOR
Mls Provider:
Mls ID: #1550837
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.