560 Esseola DrSaludaNC28773
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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 Saluda at 560 Esseola Dr, Saluda, NC, 28773 with 5% annual appreciation on a $560,000 basis while $1,973/mo rent supports operations. 68% in year one. Equity gained on principal adds $3,614/yr, and five-year appreciation sums $154,718 alongside rental yield of 4.23%. Five-year ROI measures 53.2% and total cumulative return in cash totals $98,009. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,973/mo property income versus a $2,741/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1903
8.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28773, Saluda, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,373 (100%) |
| Owner Occupied HU | 1,234 (52.0%) |
| Renter Occupied HU | 308 (13.0%) |
| Vacant Housing Units | 831 (35.0%) |
| Median Home Value | $398,750 |
| Average Home Value | $497,273 |
Housing Distribution
Address Breakdown
Residential
1,696
Single Family
1,696
Multi-Family
0
Businesses
133
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Listed by: Ashley Sandahl • Looking Glass Realty, Saluda
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4307329