40 Tanglewood Dr #50SwannanoaNC28778
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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 Swannanoa at 40 Tanglewood Dr #50, Swannanoa, NC, 28778 earns $196/mo cash flow from $882/mo rent with a $551/mo payment. Total monthly income totals $882/mo, and annual cash flow totals $2,352/yr on $37,294 capital. ROI tracks 26.22% on current figures, and rental yield reads 9.41% at a $112,500 purchase. Equity gained on principal adds $726/yr, and 5% annual appreciation supports $31,082 over five years. Five-year ROI reaches 136.54% and total cumulative return in cash sums $50,920. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $882/mo property income instead of your personal income.
Manufactured
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28778, Swannanoa, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,807 (100%) |
| Owner Occupied HU | 3,106 (64.6%) |
| Renter Occupied HU | 1,185 (24.7%) |
| Vacant Housing Units | 516 (10.7%) |
| Median Home Value | $357,056 |
| Average Home Value | $382,510 |
Housing Distribution
Address Breakdown
Residential
4,804
Single Family
4,804
Multi-Family
0
Businesses
303
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Listed by: Perla Santiago • Black Mountain
Mls Name: My State MLS
Mls ID: #11571465