359 Sorrento Falls RoadBlowing RockNC28605
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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
Rental property for sale in Blowing Rock at 359 Sorrento Falls Road, Blowing Rock, NC, 28605 offers $4,236/mo rent that, after a $3,108/mo payment, leaves $366/mo cash flow. Total monthly income is $4,236/mo, and annual cash flow is $4,392/yr on $208,915 cash. Return on cash invested measures 22.16% in year one, and rental yield stands at 8.01% at a $635,000 entry. Equity gained on principal adds $4,098/yr while 5% annual appreciation compounds into $175,439 by year five. Five-year ROI records 114.76% and total cumulative return in cash reaches $239,756. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,236/mo property income versus a $3,108/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28605, Blowing Rock, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,542 (100%) |
| Owner Occupied HU | 1,327 (29.2%) |
| Renter Occupied HU | 505 (11.1%) |
| Vacant Housing Units | 2,710 (59.7%) |
| Median Home Value | $492,067 |
| Average Home Value | $577,990 |
Housing Distribution
Address Breakdown
Residential
1,694
Single Family
1,694
Multi-Family
0
Businesses
239
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Listed by: Bobbie Jo McCachren • Keller Williams High Country
Mls Name: High Country AOR
Mls ID: #258595