4230 Chimney Rock RdHendersonvilleNC28792
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 4230 Chimney Rock Rd, Hendersonville, NC, 28792 earns $459/mo cash flow from $1,769/mo rent with a $1,052/mo payment. Total monthly income totals $1,769/mo, and annual cash flow totals $5,509/yr on $71,239 capital. ROI tracks 27.64% on current figures, and rental yield reads 9.88% at a $214,900 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,373 over five years. Five-year ROI reaches 144.25% and total cumulative return in cash sums $102,762. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,769/mo property income instead of your personal income.
Manufactured
Built in 1982
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28792, Hendersonville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,631 (100%) |
| Owner Occupied HU | 10,436 (56.0%) |
| Renter Occupied HU | 5,775 (31.0%) |
| Vacant Housing Units | 2,420 (13.0%) |
| Median Home Value | $330,632 |
| Average Home Value | $370,895 |
Housing Distribution
Address Breakdown
Residential
16,922
Single Family
15,291
Multi-Family
1,631
Businesses
1,395
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rhonda Carter • Asheville Regional Real Estate
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4309890