425 Jefferson DriveWest JeffersonNC28694
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
Rental property for sale in West Jefferson at 425 Jefferson Drive, West Jefferson, NC, 28694 offers $1,679/mo rent that, after a $905/mo payment, leaves $552/mo cash flow. Total monthly income is $1,679/mo, and annual cash flow is $6,624/yr on $61,328 cash. Return on cash invested measures 30.71% in year one, and rental yield stands at 10.89% at a $185,000 entry. Equity gained on principal adds $1,194/yr while 5% annual appreciation compounds into $51,112 by year five. Five-year ROI records 160.65% and total cumulative return in cash reaches $98,523. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,679/mo property income versus a $905/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1981
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28694, West Jefferson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,131 (100%) |
| Owner Occupied HU | 2,726 (53.1%) |
| Renter Occupied HU | 944 (18.4%) |
| Vacant Housing Units | 1,461 (28.5%) |
| Median Home Value | $340,923 |
| Average Home Value | $381,704 |
Housing Distribution
Address Breakdown
Residential
3,816
Single Family
3,738
Multi-Family
78
Businesses
410
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Listed by: Jessica Auten • Premier Sotheby's International Realty- Banner Elk
Mls Name: High Country AOR
Mls ID: #259748