44 Jervey Rd APT 4DTryonNC28782
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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 Tryon at 44 Jervey Rd APT 4D, Tryon, NC, 28782 priced at $350,000 pairs $2,040/mo rent with after a $1,713/mo payment. Total monthly income equals $2,040/mo. Return on cash invested is 18.95% in year one, and rental yield stands at 6.99% on a $350,000 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,699 by year five. Five-year ROI measures 97.54% and total cumulative return in cash reaches $113,174. For financing, Ziffy Mortgage’s DSCR program evaluates $2,040/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28782, Tryon, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,533 (100%) |
| Owner Occupied HU | 2,164 (61.3%) |
| Renter Occupied HU | 699 (19.8%) |
| Vacant Housing Units | 670 (19.0%) |
| Median Home Value | $417,073 |
| Average Home Value | $467,884 |
Housing Distribution
Address Breakdown
Residential
3,199
Single Family
3,165
Multi-Family
34
Businesses
332
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Listed by: Jeremy Wood • SC NC Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4327989