22 Woodvale DrWaynesvilleNC28786
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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 Waynesville at 22 Woodvale Dr, Waynesville, NC, 28786 with 5% annual appreciation on a $451,990 basis while $3,300/mo rent supports operations. Total monthly income totals $3,300/mo and a $2,212/mo payment preserves $546/mo for cash returns. Annual cash flow comes to $6,547/yr on $149,835 deployed, and return on cash invested reaches 24.28% in year one. Equity gained on principal adds $2,917/yr, and five-year appreciation sums $124,877 alongside rental yield of 8.76%. Five-year ROI measures 126.15% and total cumulative return in cash totals $189,019.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,300/mo property income versus a $2,212/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28786, Waynesville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,175 (100%) |
| Owner Occupied HU | 6,981 (57.3%) |
| Renter Occupied HU | 3,128 (25.7%) |
| Vacant Housing Units | 2,066 (17.0%) |
| Median Home Value | $297,270 |
| Average Home Value | $346,300 |
Housing Distribution
Address Breakdown
Residential
11,130
Single Family
10,582
Multi-Family
548
Businesses
1,261
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Listed by: Whitney Thompson • D.R. Horton
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A