453 Tambras WayVilasNC28692
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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 Vilas at 453 Tambras Way, Vilas, NC, 28692 priced at $647,500 converts $2,710/mo rent into after a $3,169/mo obligation. Total monthly income equals $2,710/mo. Return on cash invested prints 12.86% in year one, and rental yield reads 5.02% against a $647,500 entry. Equity gained on principal adds $4,178/yr, while 5% annual appreciation compiles into $178,892 by year five. Five-year ROI reaches 65% and total cumulative return in cash sums $138,465. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,710/mo property income covering a $3,169/mo payment, not borrower’s personal income.
Single Family
Built in 2013
1.26 Acres lot
$N/A/sqft
$500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28692, Vilas, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,583 (100%) |
| Owner Occupied HU | 1,385 (53.6%) |
| Renter Occupied HU | 544 (21.1%) |
| Vacant Housing Units | 654 (25.3%) |
| Median Home Value | $324,499 |
| Average Home Value | $397,727 |
Housing Distribution
Address Breakdown
Residential
1,990
Single Family
1,990
Multi-Family
0
Businesses
90
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Listed by: David Davis • Keller Williams High Country
Mls Name: High Country AOR
Mls Provider:
Mls ID: #252993
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.