30 Porter StTryonNC28782
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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 Tryon at 30 Porter St, Tryon, NC, 28782 priced at $199,900 converts $1,709/mo rent into $491/mo cash flow after a $978/mo obligation. Total monthly income equals $1,709/mo, and annual cash flow totals $5,893/yr on $66,267 invested. Return on cash invested prints 28.8% in year one, and rental yield reads 10.26% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 150.48% and total cumulative return in cash sums $99,721. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,709/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 1920
0.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28782, Tryon, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,533 (100%) |
| Owner Occupied HU | 2,164 (61.3%) |
| Renter Occupied HU | 699 (19.8%) |
| Vacant Housing Units | 670 (19.0%) |
| Median Home Value | $417,073 |
| Average Home Value | $467,884 |
Housing Distribution
Address Breakdown
Residential
3,199
Single Family
3,165
Multi-Family
34
Businesses
332
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Listed by: Carl Campbell • Campbell & Associates RE
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4326382