334 N Fork Rd #1Black MountainNC28711
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
Investment property for sale in Black Mountain at 334 N Fork Rd #1, Black Mountain, NC, 28711 listed at $1,377,500 pairs $4,758/mo rent with a $6,742/mo payment. Total monthly income runs $4,758/mo. Return on cash invested measures 10.59% in year one, and rental yield registers 4.14% at a $1,377,500 basis. Equity gained on principal adds $8,889/yr, and annual property appreciation at 5% supports $380,578 by year five. Five-year ROI tracks 52.64% and total cumulative return in cash totals $234,959. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,758/mo property income relative to a $6,742/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28711, Black Mountain, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,280 (100%) |
| Owner Occupied HU | 4,528 (54.7%) |
| Renter Occupied HU | 1,930 (23.3%) |
| Vacant Housing Units | 1,822 (22.0%) |
| Median Home Value | $443,269 |
| Average Home Value | $495,702 |
Housing Distribution
Address Breakdown
Residential
6,885
Single Family
6,549
Multi-Family
336
Businesses
637
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Listed by: Suzanne Fitzgerald • Keller Williams Professionals
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4316889