304 E Fourth StreetWest JeffersonNC28694
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors approaching the U.S. market with capital-preservation in mind will find 304 E Fourth Street, West Jefferson, NC, 28694 in West Jefferson aligned with their strategy. Rental yield 7.19%. DSCR 1.33 and 7.19% yield provide a sound foundation. Ziffy Mortgage's DSCR program enables non-U.S. residents to acquire without domestic credit. Over five years, 5% appreciation and $3,454/yr in paydown build toward a projected cumulative return of $139,508.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 6.2% |
| Monthly Cash Flow | $(39) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,246 |
| Total Monthly Debt Service | $2,136 |
| DSCR Ratio | 1.05x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1977
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28694, West Jefferson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,131 (100%) |
| Owner Occupied HU | 2,726 (53.1%) |
| Renter Occupied HU | 944 (18.4%) |
| Vacant Housing Units | 1,461 (28.5%) |
| Median Home Value | $340,923 |
| Average Home Value | $381,704 |
Housing Distribution
Address Breakdown
Residential
3,816
Single Family
3,738
Multi-Family
78
Businesses
410
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1977
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28694, West Jefferson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,131 (100%) |
| Owner Occupied HU | 2,726 (53.1%) |
| Renter Occupied HU | 944 (18.4%) |
| Vacant Housing Units | 1,461 (28.5%) |
| Median Home Value | $340,923 |
| Average Home Value | $381,704 |
Housing Distribution
Address Breakdown
Residential
3,816
Single Family
3,738
Multi-Family
78
Businesses
410
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lori Call • BRAKEN LLC
Mls Name: High Country AOR
Mls ID: #256902