392 Old Hendersonville HwyBrevardNC28712
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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 Brevard at 392 Old Hendersonville Hwy, Brevard, NC, 28712 offers $2,002/mo rent that, after a $1,273/mo payment, leaves $417/mo cash flow. Total monthly income is $2,002/mo, and annual cash flow is $5,004/yr on $86,190 cash. Return on cash invested measures 25.71% in year one, and rental yield stands at 9.24% at a $260,000 entry. Equity gained on principal adds $1,678/yr while 5% annual appreciation compounds into $71,833 by year five. Five-year ROI records 133.85% and total cumulative return in cash reaches $115,361. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,002/mo property income versus a $1,273/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28712, Brevard, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,972 (100%) |
| Owner Occupied HU | 6,128 (55.9%) |
| Renter Occupied HU | 2,563 (23.4%) |
| Vacant Housing Units | 2,281 (20.8%) |
| Median Home Value | $411,050 |
| Average Home Value | $463,834 |
Housing Distribution
Address Breakdown
Residential
9,750
Single Family
9,493
Multi-Family
257
Businesses
926
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Listed by: Mary Elizabeth Ramsaur • RE/MAX Land of the Waterfalls
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4302508