390 Echo DrWaynesvilleNC28786
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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 Waynesville at 390 Echo Dr, Waynesville, NC, 28786 at $760,000 posts ROI 15.14% with from $3,606/mo rent. Total monthly income equals $3,606/mo. Return on cash invested measures 15.14% and rental yield reads 5.69% at the current $760,000. Equity gained on principal adds $4,904/yr, and 5% annual appreciation supports $209,974 by year five. Five-year ROI prints 77.08% and total cumulative return in cash totals $192,733. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,606/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1987
2.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28786, Waynesville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,175 (100%) |
| Owner Occupied HU | 6,981 (57.3%) |
| Renter Occupied HU | 3,128 (25.7%) |
| Vacant Housing Units | 2,066 (17.0%) |
| Median Home Value | $297,270 |
| Average Home Value | $346,300 |
Housing Distribution
Address Breakdown
Residential
11,130
Single Family
10,582
Multi-Family
548
Businesses
1,261
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Listed by: Ella Tzinberg • Keller Williams Professionals
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4319138