40 Craggy View LnBarnardsvilleNC28709
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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 Barnardsville at 40 Craggy View Ln, Barnardsville, NC, 28709 with 5% annual appreciation on a $359,900 basis while $1,663/mo rent supports operations. 57% in year one. Equity gained on principal adds $2,322/yr, and five-year appreciation sums $99,434 alongside rental yield of 5.54%. Five-year ROI measures 74.11% and total cumulative return in cash totals $88,418. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,663/mo property income versus a $1,762/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2000
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28709, Barnardsville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,127 (100%) |
| Owner Occupied HU | 741 (65.7%) |
| Renter Occupied HU | 202 (17.9%) |
| Vacant Housing Units | 184 (16.3%) |
| Median Home Value | $341,667 |
| Average Home Value | $348,526 |
Housing Distribution
Address Breakdown
Residential
861
Single Family
861
Multi-Family
0
Businesses
50
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Listed by: Holly Silvers • Weaverville Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4303220