266 Lost Mine Trl #602BrevardNC28712
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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
Total monthly income runs $5,354/mo, and a $7,024/mo payment. Purchase price stands at $1,435,000, and rental yield measures 4.48% with $5,354/mo rent. Return on cash invested shows 11.62% in year one, and 5% annual appreciation builds toward $396,464 over five years. Five-year ROI reaches 58.13% and total cumulative return in cash records $270,292. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,354/mo property income covering a $7,024/mo payment rather than investor’s personal income.
Single Family
Built in 2005
2.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28712, Brevard, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,972 (100%) |
| Owner Occupied HU | 6,128 (55.9%) |
| Renter Occupied HU | 2,563 (23.4%) |
| Vacant Housing Units | 2,281 (20.8%) |
| Median Home Value | $411,050 |
| Average Home Value | $463,834 |
Housing Distribution
Address Breakdown
Residential
9,750
Single Family
9,493
Multi-Family
257
Businesses
926
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Listed by: Joe Butzer • Realty ONE Group Pivot Hendersonville
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4278274