57 Morning Mist Ln, Sylva, NC, 28779 | $321/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Sylva at 57 Morning Mist Ln, Sylva, NC, 28779 priced at $399,000 pairs $2,753/mo rent with $321/mo cash flow after a $1,953/mo payment. Total monthly income equals $2,753/mo, and annual cash flow comes to $3,854/yr on $132,269 invested. Return on cash invested is 22.82% in year one, and rental yield stands at 8.28% on a $399,000 basis. Equity gained on principal adds $2,575/yr, and 5% annual appreciation accumulates to $110,236 by year five. Five-year ROI measures 118.36% and total cumulative return in cash reaches $156,554. For financing, Ziffy Mortgage’s DSCR program evaluates $2,753/mo property income against a $1,953/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1976

1.16 Acres lot

$N/A/sqft

No 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