250 Globe RoadBlowing RockNC28605
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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 Blowing Rock at 250 Globe Road, Blowing Rock, NC, 28605 listed at $1,995,000 pairs $4,265/mo rent with a $9,765/mo payment. Total monthly income runs $4,265/mo. Return on cash invested measures 5.71% in year one, and rental yield registers 2.57% at a $1,995,000 basis. Equity gained on principal adds $12,873/yr, and annual property appreciation at 5% supports $551,182 by year five. Five-year ROI tracks 26.5% and total cumulative return in cash totals $171,261. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,265/mo property income relative to a $9,765/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1924
2.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28605, Blowing Rock, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,542 (100%) |
| Owner Occupied HU | 1,327 (29.2%) |
| Renter Occupied HU | 505 (11.1%) |
| Vacant Housing Units | 2,710 (59.7%) |
| Median Home Value | $492,067 |
| Average Home Value | $577,990 |
Housing Distribution
Address Breakdown
Residential
1,694
Single Family
1,694
Multi-Family
0
Businesses
239
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Listed by: Christy Lombardozzi • Keller Williams High Country
Mls Name: High Country AOR
Mls ID: #257741