530 Burge Mountain RdHendersonvilleNC28792
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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 Hendersonville at 530 Burge Mountain Rd, Hendersonville, NC, 28792 earns $1,112/mo cash flow from $2,910/mo rent with a $1,444/mo payment. Total monthly income totals $2,910/mo, and annual cash flow totals $13,344/yr on $97,793 capital. ROI tracks 33.55% on current figures, and rental yield reads 11.84% at a $295,000 purchase. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 over five years. Five-year ROI reaches 175.87% and total cumulative return in cash sums $171,986. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,910/mo property income instead of your personal income.
Single Family
Built in 1982
0.65 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
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Listed by: Jason Brodsky • EXP Realty LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4256723