301 Rockbridge Rd #22Mills RiverNC28759
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 301 Rockbridge Rd #22, Mills River, NC, 28759 in Mills River the bet is firmly on appreciation. Rental yield 0%. The 0% gross yield on a $1,525,000 price is below income-first thresholds, but 5%/yr value growth projects $421,329 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.00) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
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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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
Single Family
Built in 2022
0.83 Acres lot
$N/A/sqft
$175 monthly HOA
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Gena Duncan • Seller Solutions
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4265913
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