25 Overbrook DrSaludaNC28773
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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 Saluda at 25 Overbrook Dr, Saluda, NC, 28773 offers a 9.36% rental yield on a $325,000 purchase with $2,536/mo rent. Total monthly income registers $2,536/mo, and a $1,591/mo payment leaves $555/mo available for distribution. Annual cash flow reaches $6,660/yr on $107,738 to close, and return on cash invested stands at 26.09% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 135.86% and total cumulative return in cash at $146,377. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,536/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1998
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28773, Saluda, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,373 (100%) |
| Owner Occupied HU | 1,234 (52.0%) |
| Renter Occupied HU | 308 (13.0%) |
| Vacant Housing Units | 831 (35.0%) |
| Median Home Value | $398,750 |
| Average Home Value | $497,273 |
Housing Distribution
Address Breakdown
Residential
1,696
Single Family
1,696
Multi-Family
0
Businesses
133
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Listed by: Kevin Burnett • Looking Glass Realty, Saluda
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4306681