377 Fernwood DrBryson CityNC28713
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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 Bryson City at 377 Fernwood Dr, Bryson City, NC, 28713 offers $1,492/mo rent that, after a $964/mo payment, leaves $292/mo cash flow. Total monthly income is $1,492/mo, and annual cash flow is $3,499/yr on $65,306 cash. Return on cash invested measures 25.27% in year one, and rental yield stands at 9.09% at a $197,000 entry. Equity gained on principal adds $1,271/yr while 5% annual appreciation compounds into $54,427 by year five. Five-year ROI records 131.46% and total cumulative return in cash reaches $85,850. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,492/mo property income versus a $964/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28713, Bryson City, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,892 (100%) |
| Owner Occupied HU | 2,716 (46.1%) |
| Renter Occupied HU | 1,032 (17.5%) |
| Vacant Housing Units | 2,144 (36.4%) |
| Median Home Value | $278,505 |
| Average Home Value | $344,501 |
Housing Distribution
Address Breakdown
Residential
3,981
Single Family
3,941
Multi-Family
40
Businesses
459
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Listed by: Rebekah Smith • Sundog Realty
Mls Name: Carolina Smokies MLS
Mls ID: #26043015