2415 Lower Nettle KnobWest JeffersonNC28694
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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 West Jefferson at 2415 Lower Nettle Knob, West Jefferson, NC, 28694 offers a 4.94% rental yield on a $520,000 purchase with $2,142/mo rent. 86% in year one. Equity gained on principal adds $3,355/yr while 5% annual appreciation supports $143,666 over five years. Portfolio math shows five-year ROI at 64.86% and total cumulative return in cash at $110,963. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,142/mo property income against a $2,545/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1944
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28694, West Jefferson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,131 (100%) |
| Owner Occupied HU | 2,726 (53.1%) |
| Renter Occupied HU | 944 (18.4%) |
| Vacant Housing Units | 1,461 (28.5%) |
| Median Home Value | $340,923 |
| Average Home Value | $381,704 |
Housing Distribution
Address Breakdown
Residential
3,816
Single Family
3,738
Multi-Family
78
Businesses
410
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Listed by: Lori Eastridge • Realty One Group Select
Mls Name: High Country AOR
Mls Provider:
Mls ID: #255352
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.