23 Pyfrom DrSwannanoaNC28778
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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
Total monthly income runs $2,496/mo, and a $2,051/mo payment. Purchase price stands at $419,000, and rental yield measures 7.15% with $2,496/mo rent. Return on cash invested shows 19.41% in year one, and 5% annual appreciation builds toward $115,762 over five years. Five-year ROI reaches 100.06% and total cumulative return in cash records $138,977. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,496/mo property income covering a $2,051/mo payment rather than investor’s personal income.
Single Family
Built in 1978
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28778, Swannanoa, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,807 (100%) |
| Owner Occupied HU | 3,106 (64.6%) |
| Renter Occupied HU | 1,185 (24.7%) |
| Vacant Housing Units | 516 (10.7%) |
| Median Home Value | $357,056 |
| Average Home Value | $382,510 |
Housing Distribution
Address Breakdown
Residential
4,804
Single Family
4,804
Multi-Family
0
Businesses
303
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Nearby investment properties with comparable prices
Listed by: John Patson • Dwell Realty Group
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4291544