486 Ransom Street UNIT A2Blowing RockNC28605
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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
Total monthly income runs $3,540/mo, and a $4,870/mo payment. Purchase price stands at $995,000, and rental yield measures 4.27% with $3,540/mo rent. Return on cash invested shows 10.81% in year one, and 5% annual appreciation builds toward $274,900 over five years. Five-year ROI reaches 53.87% and total cumulative return in cash records $176,346. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,540/mo property income covering a $4,870/mo payment rather than investor’s personal income.
Townhouse
Built in 2017
5,749 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28605, Blowing Rock, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,542 (100%) |
| Owner Occupied HU | 1,327 (29.2%) |
| Renter Occupied HU | 505 (11.1%) |
| Vacant Housing Units | 2,710 (59.7%) |
| Median Home Value | $492,067 |
| Average Home Value | $577,990 |
Housing Distribution
Address Breakdown
Residential
1,694
Single Family
1,694
Multi-Family
0
Businesses
239
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Listed by: Mike Quinto • Quinto Realty
Mls Name: High Country AOR
Mls ID: #257983