2388 Connestee TrlBrevardNC28712
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 Brevard at 2388 Connestee Trl, Brevard, NC, 28712 earns from $3,839/mo rent with a $6,852/mo payment. Total monthly income totals $3,839/mo. ROI tracks 7.95% on current figures, and rental yield reads 3.29% at a $1,400,000 purchase. Equity gained on principal adds $9,034/yr, and 5% annual appreciation supports $386,794 over five years. Five-year ROI reaches 38.5% and total cumulative return in cash sums $174,643. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,839/mo property income instead of your personal income.
Single Family
Built in 2012
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28712, Brevard, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,972 (100%) |
| Owner Occupied HU | 6,128 (55.9%) |
| Renter Occupied HU | 2,563 (23.4%) |
| Vacant Housing Units | 2,281 (20.8%) |
| Median Home Value | $411,050 |
| Average Home Value | $463,834 |
Housing Distribution
Address Breakdown
Residential
9,750
Single Family
9,493
Multi-Family
257
Businesses
926
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jordan Clark • Looking Glass Realty, Connestee Falls
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4291622