364 Haywood RdSylvaNC28779
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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 Sylva at 364 Haywood Rd, Sylva, NC, 28779 priced at $579,000 converts $1,824/mo rent into after a $2,834/mo obligation. Total monthly income equals $1,824/mo. Return on cash invested prints 9.32% in year one, and rental yield reads 3.78% against a $579,000 entry. Equity gained on principal adds $3,736/yr, while 5% annual appreciation compiles into $159,967 by year five. Five-year ROI reaches 45.92% and total cumulative return in cash sums $87,475. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,824/mo property income covering a $2,834/mo payment, not borrower’s personal income.
Multi Family
Built in 1872
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28779, Sylva, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,868 (100%) |
| Owner Occupied HU | 5,419 (54.9%) |
| Renter Occupied HU | 2,510 (25.4%) |
| Vacant Housing Units | 1,939 (19.6%) |
| Median Home Value | $281,555 |
| Average Home Value | $336,593 |
Housing Distribution
Address Breakdown
Residential
7,505
Single Family
7,463
Multi-Family
42
Businesses
764
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Listed by: N/A • N/A
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