57 Marion Forest Rd APT 4RSylvaNC28779
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Sylva at 57 Marion Forest Rd APT 4R, Sylva, NC, 28779 at $206,000 posts ROI 27.3% with $421/mo cash flow from $1,876/mo rent. Total monthly income equals $1,876/mo, and annual cash flow records $5,050/yr on $68,289 to close. Return on cash invested measures 27.3% and rental yield reads 10.93% at the current $206,000. Equity gained on principal adds $1,329/yr, and 5% annual appreciation supports $56,914 by year five. Five-year ROI prints 143.67% and total cumulative return in cash totals $98,108.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,876/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1978
871.20 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28779, Sylva, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,868 (100%) |
| Owner Occupied HU | 5,419 (54.9%) |
| Renter Occupied HU | 2,510 (25.4%) |
| Vacant Housing Units | 1,939 (19.6%) |
| Median Home Value | $281,555 |
| Average Home Value | $336,593 |
Housing Distribution
Address Breakdown
Residential
7,505
Single Family
7,463
Multi-Family
42
Businesses
764
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Listed by: Natalie Kosnik • Legacy Properties By Renee, LLC
Mls Name: Carolina Smokies MLS
Mls ID: #26040494
Disclaimer: Copyright Carolina Smokies Association of Realtors & MLS. All rights reserved. Information is deemed reliable but not guaranteed.