249 Grant DrBrasstownNC28902
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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
Rental property for sale in Brasstown at 249 Grant Dr, Brasstown, NC, 28902 offers $1,800/mo rent that, after a $2,344/mo payment. Total monthly income is $1,800/mo. Return on cash invested measures 11.45% in year one, and rental yield stands at 4.51% at a $478,900 entry. Equity gained on principal adds $3,090/yr while 5% annual appreciation compounds into $132,311 by year five. Five-year ROI records 57.39% and total cumulative return in cash reaches $91,111. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,800/mo property income versus a $2,344/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
1.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28902, Brasstown, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 917 (100%) |
| Owner Occupied HU | 557 (60.7%) |
| Renter Occupied HU | 90 ( 9.8%) |
| Vacant Housing Units | 270 (29.4%) |
| Median Home Value | $353,000 |
| Average Home Value | $372,702 |
Housing Distribution
Address Breakdown
Residential
660
Single Family
660
Multi-Family
0
Businesses
42
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Listed by: Kelly Hopkins Team • ReMax Mountain Properties
Mls Name: Mountain Lakes BOR
Mls Provider:
Mls ID: #152800
Disclaimer: Copyright Mountain Lakes Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.