372 Wonderland Woods DriveBlowing 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 372 Wonderland Woods Drive, Blowing Rock, NC, 28605 priced at $1,950,000 pairs $6,349/mo rent with after a $9,544/mo payment. Total monthly income equals $6,349/mo. Return on cash invested is 9.86% in year one, and rental yield stands at 3.91% on a $1,950,000 basis. Equity gained on principal adds $12,583/yr, and 5% annual appreciation accumulates to $538,749 by year five. Five-year ROI measures 48.71% and total cumulative return in cash reaches $307,733. For financing, Ziffy Mortgage’s DSCR program evaluates $6,349/mo property income against a $9,544/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
0.60 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: Jackie Dyer • Boone Realty
Mls Name: High Country AOR
Mls ID: #257987