53 Brown StWeavervilleNC28787
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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 Weaverville at 53 Brown St, Weaverville, NC, 28787 offers a 5.03% rental yield on a $745,000 purchase with $3,124/mo rent. 13% in year one. Equity gained on principal adds $4,807/yr while 5% annual appreciation supports $205,830 over five years. Portfolio math shows five-year ROI at 66.31% and total cumulative return in cash at $162,536. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,124/mo property income against a $3,646/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
0.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28787, Weaverville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,985 (100%) |
| Owner Occupied HU | 7,663 (69.8%) |
| Renter Occupied HU | 2,359 (21.5%) |
| Vacant Housing Units | 963 ( 8.8%) |
| Median Home Value | $456,864 |
| Average Home Value | $531,399 |
Housing Distribution
Address Breakdown
Residential
10,632
Single Family
10,452
Multi-Family
180
Businesses
619
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Listed by: Dusty Allison • Premier Sothebys International Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4295509