38 Kemp RdPisgah ForestNC28768
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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 Pisgah Forest at 38 Kemp Rd, Pisgah Forest, NC, 28768 priced at $208,000 converts $1,860/mo rent into $592/mo cash flow after a $1,018/mo obligation. Total monthly income equals $1,860/mo, and annual cash flow totals $7,109/yr on $68,952 invested. Return on cash invested prints 30.22% in year one, and rental yield reads 10.73% against a $208,000 entry. Equity gained on principal adds $1,342/yr, while 5% annual appreciation compiles into $57,467 by year five. Five-year ROI reaches 158.02% and total cumulative return in cash sums $108,960. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,860/mo property income covering a $1,018/mo payment, not borrower’s personal income.
Manufactured
Built in 2018
1.87 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Alex Ivers • Looking Glass Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4265106
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-08 03:57:53 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#87)