55 Comet LnWaynesvilleNC28785
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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
Total monthly income runs $2,351/mo, and a $1,958/mo payment. Purchase price stands at $400,000, and rental yield measures 7.05% with $2,351/mo rent. Return on cash invested shows 19.12% in year one, and 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 98.48% and total cumulative return in cash records $130,588. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,351/mo property income covering a $1,958/mo payment rather than investor’s personal income.
Single Family
Built in 1987
1.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28785, Waynesville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,364 (100%) |
| Owner Occupied HU | 3,217 (60.0%) |
| Renter Occupied HU | 682 (12.7%) |
| Vacant Housing Units | 1,465 (27.3%) |
| Median Home Value | $349,783 |
| Average Home Value | $420,626 |
Housing Distribution
Address Breakdown
Residential
4,535
Single Family
4,535
Multi-Family
0
Businesses
107
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Listed by: James Cuellar • Redfin Corporation
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4337388