256 Glenn Cabe RdSylvaNC28779
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
Rental property for sale in Sylva at 256 Glenn Cabe Rd, Sylva, NC, 28779 priced at $182,500 converts $2,345/mo rent into $1,233/mo cash flow after a $893/mo obligation. Total monthly income equals $2,345/mo, and annual cash flow totals $14,796/yr on $60,499 invested. Return on cash invested prints 44.37% in year one, and rental yield reads 15.42% against a $182,500 entry. Equity gained on principal adds $1,178/yr, while 5% annual appreciation compiles into $50,421 by year five. Five-year ROI reaches 233.85% and total cumulative return in cash sums $141,478. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,345/mo property income covering a $893/mo payment, not borrower’s personal income.
Single Family
Built in 2000
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28779, Sylva, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,868 (100%) |
| Owner Occupied HU | 5,419 (54.9%) |
| Renter Occupied HU | 2,510 (25.4%) |
| Vacant Housing Units | 1,939 (19.6%) |
| Median Home Value | $281,555 |
| Average Home Value | $336,593 |
Housing Distribution
Address Breakdown
Residential
7,505
Single Family
7,463
Multi-Family
42
Businesses
764
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Nearby investment properties with comparable prices
Listed by: Julie Phillips • Keller Williams Great Smokies - Sylva
Mls Name: Carolina Smokies MLS
Mls ID: #26041594
Disclaimer: Copyright Carolina Smokies Association of Realtors & MLS. All rights reserved. Information is deemed reliable but not guaranteed.