31 Main StBryson CityNC28713
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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 Bryson City at 31 Main St, Bryson City, NC, 28713 priced at $599,000 converts $3,602/mo rent into after a $2,932/mo obligation. Total monthly income equals $3,602/mo. Return on cash invested prints 19.76% in year one, and rental yield reads 7.22% against a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation compiles into $165,493 by year five. Five-year ROI reaches 101.92% and total cumulative return in cash sums $200,854. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,602/mo property income covering a $2,932/mo payment, not borrower’s personal income.
Single Family
Built in 1923
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28713, Bryson City, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,892 (100%) |
| Owner Occupied HU | 2,716 (46.1%) |
| Renter Occupied HU | 1,032 (17.5%) |
| Vacant Housing Units | 2,144 (36.4%) |
| Median Home Value | $278,505 |
| Average Home Value | $344,501 |
Housing Distribution
Address Breakdown
Residential
3,981
Single Family
3,941
Multi-Family
40
Businesses
459
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Nearby investment properties with comparable prices
Listed by: Ross Ensley • Yellow Rose Real Estate LLC
Mls Name: Carolina Smokies MLS
Mls ID: #26030544
Disclaimer: Copyright Carolina Smokies Association of Realtors & MLS. All rights reserved. Information is deemed reliable but not guaranteed.