218 Crosspatch DrBryson CityNC28713
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bryson City at 218 Crosspatch Dr, Bryson City, NC, 28713 offers a 6.66% rental yield on a $375,000 purchase with $2,081/mo rent. 48% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 89.87% and total cumulative return in cash at $111,723. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,081/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.86 Acres lot
$N/A/sqft
$570 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28713, Bryson City, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,892 (100%) |
| Owner Occupied HU | 2,716 (46.1%) |
| Renter Occupied HU | 1,032 (17.5%) |
| Vacant Housing Units | 2,144 (36.4%) |
| Median Home Value | $278,505 |
| Average Home Value | $344,501 |
Housing Distribution
Address Breakdown
Residential
3,981
Single Family
3,941
Multi-Family
40
Businesses
459
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amanda Hill • Allen Tate/Beverly-Hanks Waynesville
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4184750
Disclaimer: Based on information submitted to the MLS GRID as of 2024-01-24 10:55:15 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_87)