3303 Old Highway 16JeffersonNC28640
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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 Jefferson at 3303 Old Highway 16, Jefferson, NC, 28640 earns $269/mo cash flow from $1,366/mo rent with a $881/mo payment. Total monthly income totals $1,366/mo, and annual cash flow totals $3,229/yr on $59,637 capital. ROI tracks 25.32% on current figures, and rental yield reads 9.11% at a $179,900 purchase. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 over five years. Five-year ROI reaches 131.85% and total cumulative return in cash sums $78,633. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,366/mo property income instead of your personal income.
Single Family
Built in 1987
8.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28640, Jefferson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,795 (100%) |
| Owner Occupied HU | 1,466 (52.5%) |
| Renter Occupied HU | 628 (22.5%) |
| Vacant Housing Units | 701 (25.1%) |
| Median Home Value | $288,000 |
| Average Home Value | $335,638 |
Housing Distribution
Address Breakdown
Residential
2,205
Single Family
2,052
Multi-Family
153
Businesses
262
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Listed by: Chris Barr • Realty One Group Results
Mls Name: High Country AOR
Mls ID: #259459