384 Grouse RunBooneNC28607
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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
Investment property for sale in Boone at 384 Grouse Run, Boone, NC, 28607 at $925,000 posts ROI 14.46% with from $4,321/mo rent. Total monthly income equals $4,321/mo. Return on cash invested measures 14.46% and rental yield reads 5.61% at the current $925,000. Equity gained on principal adds $5,969/yr, and 5% annual appreciation supports $255,560 by year five. Five-year ROI prints 73.61% and total cumulative return in cash totals $224,005. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,321/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1992
2.43 Acres lot
$N/A/sqft
$1,250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28607, Boone, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,926 (100%) |
| Owner Occupied HU | 6,552 (36.6%) |
| Renter Occupied HU | 7,209 (40.2%) |
| Vacant Housing Units | 4,165 (23.2%) |
| Median Home Value | $371,926 |
| Average Home Value | $477,239 |
Housing Distribution
Address Breakdown
Residential
14,796
Single Family
13,405
Multi-Family
1,391
Businesses
1,773
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Listed by: William Aceto • Blue Ridge Realty & Inv. Boone
Mls Name: High Country AOR
Mls Provider:
Mls ID: #255014
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.