295 Jakes Mountain RoadDeep GapNC28618
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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 Deep Gap at 295 Jakes Mountain Road, Deep Gap, NC, 28618 generates $2,028/mo in rent and, after a $1,366/mo payment, leaves $327/mo in cash flow. Total monthly income is $2,028/mo, and annual cash flow is $3,926/yr on $92,489 invested. Return on cash invested sits at 24.15% in year one, and rental yield is 8.72% on a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 125.51% and total cumulative return in cash sums $116,083. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,028/mo property income rather than buyer’s personal income.
Single Family
Built in 1938
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28618, Deep Gap, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,327 (100%) |
| Owner Occupied HU | 771 (58.1%) |
| Renter Occupied HU | 174 (13.1%) |
| Vacant Housing Units | 382 (28.8%) |
| Median Home Value | $371,538 |
| Average Home Value | $497,999 |
Housing Distribution
Address Breakdown
Residential
1,143
Single Family
1,143
Multi-Family
0
Businesses
91
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Listed by: Paige Pennington • Keller Williams High Country
Mls Name: High Country AOR
Mls ID: #259498