409 Summer Haven LaneBlowing RockNC28605
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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 Blowing Rock at 409 Summer Haven Lane, Blowing Rock, NC, 28605 at $380,000 posts ROI 27.3% with $776/mo cash flow from $3,092/mo rent. Total monthly income equals $3,092/mo, and annual cash flow records $9,312/yr on $125,970 to close. Return on cash invested measures 27.3% and rental yield reads 9.76% at the current $380,000. Equity gained on principal adds $2,452/yr, and 5% annual appreciation supports $104,987 by year five. Five-year ROI prints 142.34% and total cumulative return in cash totals $179,305.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,092/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1971
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28605, Blowing Rock, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,542 (100%) |
| Owner Occupied HU | 1,327 (29.2%) |
| Renter Occupied HU | 505 (11.1%) |
| Vacant Housing Units | 2,710 (59.7%) |
| Median Home Value | $492,067 |
| Average Home Value | $577,990 |
Housing Distribution
Address Breakdown
Residential
1,694
Single Family
1,694
Multi-Family
0
Businesses
239
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Listed by: Allen Yates • Allen Yates Realty
Mls Name: High Country AOR
Mls Provider:
Mls ID: #250499
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.