477 Locust DrMaggie ValleyNC28751
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Maggie Valley at 477 Locust Dr, Maggie Valley, NC, 28751 generates $3,398/mo in rent, after a $3,891/mo payment. Total monthly income is $3,398/mo. Return on cash invested sits at 13.42% in year one, and rental yield is 5.13% on a $795,000 entry. Equity gained on principal adds $5,130/yr, while 5% annual appreciation builds toward $219,644 over five years. Five-year ROI reaches 67.88% and total cumulative return in cash sums $177,550. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,398/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28751, Maggie Valley, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,224 (100%) |
| Owner Occupied HU | 1,602 (37.9%) |
| Renter Occupied HU | 366 ( 8.7%) |
| Vacant Housing Units | 2,256 (53.4%) |
| Median Home Value | $313,131 |
| Average Home Value | $368,015 |
Housing Distribution
Address Breakdown
Residential
2,410
Single Family
2,410
Multi-Family
0
Businesses
266
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Terry White • WNC Real Estate Store Inc
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4276263