51 Airport RdMars HillNC28754
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 Mars Hill at 51 Airport Rd, Mars Hill, NC, 28754 projects strong ROI of 4.66%. Rental yield 2.26%. With 5% annual appreciation, the property builds $897,915 in value over five years. Equity growth combined delivers a projected five-year ROI of 20.88%, translating into $219,896 in total cumulative return on $1,053,000 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2011
2.22 Acres lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28754, Mars Hill, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,361 (100%) |
| Owner Occupied HU | 2,512 (57.6%) |
| Renter Occupied HU | 732 (16.8%) |
| Vacant Housing Units | 1,117 (25.6%) |
| Median Home Value | $328,571 |
| Average Home Value | $445,541 |
Housing Distribution
Address Breakdown
Residential
3,889
Single Family
3,832
Multi-Family
57
Businesses
266
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Toni Anderson • Private Mountain Communities
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4241887
Disclaimer: Based on information submitted to the MLS GRID as of 2025-04-23 17:43:03 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#87)