360 River Cove Ln, Hayesville, NC, 28904 | $106/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Hayesville at 360 River Cove Ln, Hayesville, NC, 28904 uses $165,750 cash to close to unlock $1,268/yr annual cash flow and $106/mo monthly cash flow. Total monthly income runs $3,186/mo, and a $2,447/mo payment keeps the spread at $106/mo. Purchase price stands at $500,000, and rental yield measures 7.65% with $3,186/mo rent. Return on cash invested shows 20.67% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 106.91% and total cumulative return in cash records $177,200. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,186/mo property income covering a $2,447/mo payment rather than investor’s personal income.

Single Family

Built in 2001

3.78 Acres lot

$N/A/sqft

$400 annually HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 28904, Hayesville, NC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,753 (100%)
Owner Occupied HU	3,559 (52.7%)
Renter Occupied HU	944 (14.0%)
Vacant Housing Units	2,250 (33.3%)
Median Home Value	$409,328
Average Home Value	$448,304