27 Mountain Lake DrHendersonvilleNC28739
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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 Hendersonville at 27 Mountain Lake Dr, Hendersonville, NC, 28739 generates $3,973/mo in rent, after a $4,478/mo payment. Total monthly income is $3,973/mo. Return on cash invested sits at 13.67% in year one, and rental yield is 5.21% on a $914,950 entry. Equity gained on principal adds $5,904/yr, while 5% annual appreciation builds toward $252,784 over five years. Five-year ROI reaches 69.24% and total cumulative return in cash sums $208,417. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,973/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28739, Hendersonville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,990 (100%) |
| Owner Occupied HU | 8,107 (67.6%) |
| Renter Occupied HU | 2,164 (18.0%) |
| Vacant Housing Units | 1,719 (14.3%) |
| Median Home Value | $453,982 |
| Average Home Value | $545,676 |
Housing Distribution
Address Breakdown
Residential
10,599
Single Family
10,182
Multi-Family
417
Businesses
282
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Listed by: Len McDonald • Len McDonald Real Estate
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4295257