387 Waterfall RdHendersonNC27537
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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 Henderson at 387 Waterfall Rd, Henderson, NC, 27537 with 5% annual appreciation on a $299,900 basis while $2,092/mo rent supports operations. Total monthly income totals $2,092/mo and a $1,468/mo payment preserves $237/mo for cash returns. Annual cash flow comes to $2,839/yr on $99,417 deployed, and return on cash invested reaches 22.77% in year one. Equity gained on principal adds $1,935/yr, and five-year appreciation sums $82,857 alongside rental yield of 8.37%. Five-year ROI measures 118.16% and total cumulative return in cash totals $117,472.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,092/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2021
10,454 sqft lot
$N/A/sqft
$330 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 27537, Henderson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,944 (100%) |
| Owner Occupied HU | 6,840 (62.5%) |
| Renter Occupied HU | 2,756 (25.2%) |
| Vacant Housing Units | 1,348 (12.3%) |
| Median Home Value | $198,962 |
| Average Home Value | $253,341 |
Housing Distribution
Address Breakdown
Residential
9,933
Single Family
9,894
Multi-Family
39
Businesses
258
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Listed by: Laura Van Leer Richardson • Relevate Real Estate Inc.
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10122581
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.