55 Bright Hope RdBlack MountainNC28711
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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
Rental property for sale in Black Mountain at 55 Bright Hope Rd, Black Mountain, NC, 28711 priced at $159,000 pairs $1,198/mo rent with after a $778/mo payment. Total monthly income equals $1,198/mo. Return on cash invested is 10.78% in year one, and rental yield stands at 9.04% on a $159,000 basis. Equity gained on principal adds $1,026/yr, and 5% annual appreciation accumulates to $43,929 by year five. Five-year ROI measures 59.06% and total cumulative return in cash reaches $31,128. For financing, Ziffy Mortgage’s DSCR program evaluates $1,198/mo property income against a $778/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2005
435.60 sqft lot
$N/A/sqft
$630 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28711, Black Mountain, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,280 (100%) |
| Owner Occupied HU | 4,528 (54.7%) |
| Renter Occupied HU | 1,930 (23.3%) |
| Vacant Housing Units | 1,822 (22.0%) |
| Median Home Value | $443,269 |
| Average Home Value | $495,702 |
Housing Distribution
Address Breakdown
Residential
6,885
Single Family
6,549
Multi-Family
336
Businesses
637
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Listed by: Robert McClure • McClure Group Realty LLC
Mls Name: Doorify MLS
Mls Provider:
Mls ID: #10115462
Disclaimer: The MLS listing information displayed is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2025 Doorify MLS of North Carolina. All rights reserved.