335 Pleasant View Drive Unit #4DBanner ElkNC28604
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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
Total monthly income runs $3,092/mo, and a $2,521/mo payment. Purchase price stands at $515,000, and rental yield measures 7.2% with $3,092/mo rent. Return on cash invested shows 17.43% in year one, and 5% annual appreciation builds toward $142,285 over five years. Five-year ROI reaches 90.19% and total cumulative return in cash records $152,809. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,092/mo property income covering a $2,521/mo payment rather than investor’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$975 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28604, Banner Elk, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,910 (100%) |
| Owner Occupied HU | 2,452 (24.7%) |
| Renter Occupied HU | 743 ( 7.5%) |
| Vacant Housing Units | 6,715 (67.8%) |
| Median Home Value | $382,801 |
| Average Home Value | $471,902 |
Housing Distribution
Address Breakdown
Residential
6,320
Single Family
5,791
Multi-Family
529
Businesses
455
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Listed by: Madison Doble • Keller Williams High Country
Mls Name: High Country AOR
Mls Provider:
Mls ID: #255224
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.