32 W Fairway DrEtowahNC28729
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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
Investment property for sale in Etowah at 32 W Fairway Dr, Etowah, NC, 28729 earns from $3,604/mo rent with a $3,225/mo payment. Total monthly income totals $3,604/mo. ROI tracks 17.78% on current figures, and rental yield reads 6.56% at a $659,000 purchase. Equity gained on principal adds $4,252/yr, and 5% annual appreciation supports $182,070 over five years. Five-year ROI reaches 91.29% and total cumulative return in cash sums $197,923. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,604/mo property income instead of your personal income.
Single Family
Built in 1980
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28729, Etowah, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,518 (100%) |
| Owner Occupied HU | 1,220 (80.4%) |
| Renter Occupied HU | 158 (10.4%) |
| Vacant Housing Units | 140 ( 9.2%) |
| Median Home Value | $364,130 |
| Average Home Value | $533,121 |
Housing Distribution
Address Breakdown
Residential
1,285
Single Family
1,285
Multi-Family
0
Businesses
147
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Listed by: Laura Flores • NextHome WNC Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4306942