257 Woodland LnHayesvilleNC28904
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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 Hayesville at 257 Woodland Ln, Hayesville, NC, 28904 offers $3,156/mo rent that, after a $2,007/mo payment, leaves $657/mo cash flow. Total monthly income is $3,156/mo, and annual cash flow is $7,884/yr on $135,915 cash. Return on cash invested measures 25.71% in year one, and rental yield stands at 9.24% at a $410,000 entry. Equity gained on principal adds $2,646/yr while 5% annual appreciation compounds into $113,275 by year five. Five-year ROI records 133.81% and total cumulative return in cash reaches $181,871. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,156/mo property income versus a $2,007/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28904, Hayesville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,753 (100%) |
| Owner Occupied HU | 3,559 (52.7%) |
| Renter Occupied HU | 944 (14.0%) |
| Vacant Housing Units | 2,250 (33.3%) |
| Median Home Value | $409,328 |
| Average Home Value | $448,304 |
Housing Distribution
Address Breakdown
Residential
5,072
Single Family
5,072
Multi-Family
0
Businesses
430
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Listed by: Michael Anderson • Century 21 Black Bear Realty
Mls Name: NGBOR
Mls ID: #419067