3 Jasmine DrMarbleNC28905
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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
Investment property for sale in Marble at 3 Jasmine Dr, Marble, NC, 28905 with 5% annual appreciation on a $189,800 basis while $1,440/mo rent supports operations. Total monthly income totals $1,440/mo and a $929/mo payment preserves $217/mo for cash returns. Annual cash flow comes to $2,599/yr on $62,919 deployed, and return on cash invested reaches 24.04% in year one. Equity gained on principal adds $1,225/yr, and five-year appreciation sums $52,438 alongside rental yield of 9.1%. Five-year ROI measures 125.36% and total cumulative return in cash totals $78,874.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,440/mo property income versus a $929/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
1.02 Acres lot
$N/A/sqft
$800 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28905, Marble, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,832 (100%) |
| Owner Occupied HU | 1,181 (64.5%) |
| Renter Occupied HU | 320 (17.5%) |
| Vacant Housing Units | 331 (18.1%) |
| Median Home Value | $258,529 |
| Average Home Value | $355,485 |
Housing Distribution
Address Breakdown
Residential
1,351
Single Family
1,351
Multi-Family
0
Businesses
81
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Listed by: Poltrock Team • ReMax Mountain Properties
Mls Name: Mountain Lakes BOR
Mls Provider:
Mls ID: #152850
Disclaimer: Copyright Mountain Lakes Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.