3244 Old US Highway 421VilasNC28692
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
Investment Highlights
Total monthly income runs $2,782/mo, and a $3,666/mo payment. Purchase price stands at $749,000, and rental yield measures 4.46% with $2,782/mo rent. Return on cash invested shows 11.38% in year one, and 5% annual appreciation builds toward $206,935 over five years. Five-year ROI reaches 56.94% and total cumulative return in cash records $140,320. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,782/mo property income covering a $3,666/mo payment rather than investor’s personal income.
Single Family
Built in 1996
1.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28692, Vilas, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,583 (100%) |
| Owner Occupied HU | 1,385 (53.6%) |
| Renter Occupied HU | 544 (21.1%) |
| Vacant Housing Units | 654 (25.3%) |
| Median Home Value | $324,499 |
| Average Home Value | $397,727 |
Housing Distribution
Address Breakdown
Residential
1,990
Single Family
1,990
Multi-Family
0
Businesses
90
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jim Fitzpatrick • Peak Real Estate Llc
Mls Name: High Country AOR
Mls ID: #256786