2308 Laurel Park HwyLaurel ParkNC28739
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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 Laurel Park at 2308 Laurel Park Hwy, Laurel Park, NC, 28739 earns $265/mo cash flow from $2,855/mo rent with a $2,080/mo payment. Total monthly income totals $2,855/mo, and annual cash flow totals $3,180/yr on $140,888 capital. ROI tracks 22.17% on current figures, and rental yield reads 8.06% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 114.8% and total cumulative return in cash sums $161,741. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,855/mo property income instead of your personal income.
Single Family
Built in 1938
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28739, Hendersonville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,990 (100%) |
| Owner Occupied HU | 8,107 (67.6%) |
| Renter Occupied HU | 2,164 (18.0%) |
| Vacant Housing Units | 1,719 (14.3%) |
| Median Home Value | $453,982 |
| Average Home Value | $545,676 |
Housing Distribution
Address Breakdown
Residential
10,599
Single Family
10,182
Multi-Family
417
Businesses
282
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Listed by: Nancy Mckinley • CENTURY 21 Mountain Lifestyles
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4317371