437 Pine Ridge DrHayesvilleNC28904
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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 Hayesville at 437 Pine Ridge Dr, Hayesville, NC, 28904 offers a 8.16% rental yield on a $450,000 purchase with $3,060/mo rent. Total monthly income registers $3,060/mo, and a $2,203/mo payment leaves $317/mo available for distribution. Annual cash flow reaches $3,804/yr on $149,175 to close, and return on cash invested stands at 22.46% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 116.38% and total cumulative return in cash at $173,610. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,060/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
3.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28904, Hayesville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,753 (100%) |
| Owner Occupied HU | 3,559 (52.7%) |
| Renter Occupied HU | 944 (14.0%) |
| Vacant Housing Units | 2,250 (33.3%) |
| Median Home Value | $409,328 |
| Average Home Value | $448,304 |
Housing Distribution
Address Breakdown
Residential
5,072
Single Family
5,072
Multi-Family
0
Businesses
430
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Listed by: Nick Huscroft • Chosen Realty of NC LLC
Mls Name: Mountain Lakes BOR
Mls ID: #153940