301 Rockbridge Rd, Mills River, NC, 28759 | 5.04% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Mills River at 301 Rockbridge Rd, Mills River, NC, 28759 priced at $1,475,000 pairs $6,190/mo rent with after a $7,219/mo payment. Total monthly income equals $6,190/mo. Return on cash invested is 13.34% in year one, and rental yield stands at 5.04% on a $1,475,000 basis. Equity gained on principal adds $9,518/yr, and 5% annual appreciation accumulates to $407,515 by year five. Five-year ROI measures 67.39% and total cumulative return in cash reaches $322,078. For financing, Ziffy Mortgage’s DSCR program evaluates $6,190/mo property income against a $7,219/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2022

0.83 Acres lot

$N/A/sqft

No HOA