450 Case Cove Rd #85CandlerNC28715
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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 Candler at 450 Case Cove Rd #85, Candler, NC, 28715 offers a 6.69% rental yield on a $429,400 purchase with $2,394/mo rent. 03% in year one. Equity gained on principal adds $2,771/yr while 5% annual appreciation supports $118,635 over five years. Portfolio math shows five-year ROI at 92.63% and total cumulative return in cash at $131,850. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,394/mo property income against a $2,102/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28715, Candler, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,024 (100%) |
| Owner Occupied HU | 8,674 (66.6%) |
| Renter Occupied HU | 3,160 (24.3%) |
| Vacant Housing Units | 1,190 ( 9.1%) |
| Median Home Value | $395,567 |
| Average Home Value | $477,276 |
Housing Distribution
Address Breakdown
Residential
12,504
Single Family
12,494
Multi-Family
10
Businesses
514
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Listed by: Judy Dawkins • RE/MAX Executive
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4307581