301 Rockbridge Rd #22Mills RiverNC28759
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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 Mills River at 301 Rockbridge Rd #22, Mills River, NC, 28759 generates $0/mo in rent, after a $7,464/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -2.63% in year one, and rental yield is 0% on a $1,525,000 entry. Equity gained on principal adds $9,841/yr, while 5% annual appreciation builds toward $421,329 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
0.83 Acres lot
$N/A/sqft
$175 monthly HOA
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No similar rental properties found nearby.
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Listed by: Gena Duncan • Seller Solutions
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4265913
Disclaimer: Based on information submitted to the MLS GRID as of 2025-06-01 17:38:02 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#87)