408 Riverwind DrHendersonvilleNC28739
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 Hendersonville at 408 Riverwind Dr, Hendersonville, NC, 28739 listed at $235,000 pairs $1,612/mo rent with a $1,150/mo payment to leave $180/mo cash flow. Total monthly income runs $1,612/mo, and annual cash flow reaches $2,160/yr on $77,903 cash to close. Return on cash invested measures 22.68% in year one, and rental yield registers 8.23% at a $235,000 basis. Equity gained on principal adds $1,516/yr, and annual property appreciation at 5% supports $64,926 by year five. Five-year ROI tracks 117.57% and total cumulative return in cash totals $91,588. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,612/mo property income relative to a $1,150/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1998
0.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28739, Hendersonville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,990 (100%) |
| Owner Occupied HU | 8,107 (67.6%) |
| Renter Occupied HU | 2,164 (18.0%) |
| Vacant Housing Units | 1,719 (14.3%) |
| Median Home Value | $453,982 |
| Average Home Value | $545,676 |
Housing Distribution
Address Breakdown
Residential
10,599
Single Family
10,182
Multi-Family
417
Businesses
282
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Haley Carter • Keller Williams Mtn Partners, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4268299