429 E Sunshine LnHendersonvilleNC28792
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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
Rental property for sale in Hendersonville at 429 E Sunshine Ln, Hendersonville, NC, 28792 generates $1,615/mo in rent and, after a $1,174/mo payment, leaves $153/mo in cash flow. Total monthly income is $1,615/mo, and annual cash flow is $1,837/yr on $79,527 invested. Return on cash invested sits at 22.22% in year one, and rental yield is 8.08% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 115.17% and total cumulative return in cash sums $91,591. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,615/mo property income rather than buyer’s personal income.
Manufactured
Built in 2025
N/A 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
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Listed by: David Alperin • Alperin Realty Associates
Mls Name: My State MLS
Mls ID: #11630393