5 Granite DrHendersonvilleNC28792
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
Investment property for sale in Hendersonville at 5 Granite Dr, Hendersonville, NC, 28792 offers a 7.72% rental yield on a $530,000 purchase with $3,410/mo rent. Total monthly income registers $3,410/mo, and a $2,594/mo payment leaves $180/mo available for distribution. Annual cash flow reaches $2,160/yr on $174,370 to close, and return on cash invested stands at 21.3% in year one. Equity gained on principal adds $3,420/yr while 5% annual appreciation supports $146,429 over five years. Portfolio math shows five-year ROI at 110.13% and total cumulative return in cash at $192,031. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,410/mo property income against a $2,594/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28792, Hendersonville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,631 (100%) |
| Owner Occupied HU | 10,436 (56.0%) |
| Renter Occupied HU | 5,775 (31.0%) |
| Vacant Housing Units | 2,420 (13.0%) |
| Median Home Value | $330,632 |
| Average Home Value | $370,895 |
Housing Distribution
Address Breakdown
Residential
16,922
Single Family
15,291
Multi-Family
1,631
Businesses
1,395
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Steve Morrison • RE/MAX Results
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4266478