401 SaratogaBooneNC28607
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Boone at 401 Saratoga, Boone, NC, 28607 earns from $3,564/mo rent with a $3,597/mo payment. Total monthly income totals $3,564/mo. ROI tracks 15.52% on current figures, and rental yield reads 5.82% at a $735,000 purchase. Equity gained on principal adds $4,743/yr, and 5% annual appreciation supports $203,067 over five years. Five-year ROI reaches 79.14% and total cumulative return in cash sums $191,364. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,564/mo property income instead of your personal income.
Single Family
Built in 2001
26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28607, Boone, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,926 (100%) |
| Owner Occupied HU | 6,552 (36.6%) |
| Renter Occupied HU | 7,209 (40.2%) |
| Vacant Housing Units | 4,165 (23.2%) |
| Median Home Value | $371,926 |
| Average Home Value | $477,239 |
Housing Distribution
Address Breakdown
Residential
14,796
Single Family
13,405
Multi-Family
1,391
Businesses
1,773
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A