503 Old Hendersonville HwyBrevardNC28712
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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 Brevard at 503 Old Hendersonville Hwy, Brevard, NC, 28712 earns $453/mo cash flow from $2,129/mo rent with a $1,346/mo payment. Total monthly income totals $2,129/mo, and annual cash flow totals $5,436/yr on $91,163 capital. ROI tracks 25.87% on current figures, and rental yield reads 9.29% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 134.69% and total cumulative return in cash sums $122,783. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,129/mo property income instead of your personal income.
Single Family
Built in 1935
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28712, Brevard, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,972 (100%) |
| Owner Occupied HU | 6,128 (55.9%) |
| Renter Occupied HU | 2,563 (23.4%) |
| Vacant Housing Units | 2,281 (20.8%) |
| Median Home Value | $411,050 |
| Average Home Value | $463,834 |
Housing Distribution
Address Breakdown
Residential
9,750
Single Family
9,493
Multi-Family
257
Businesses
926
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Listed by: Matt Tavener • Keller Williams Professionals
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4328620