574 Appaloosa TrlWaynesvilleNC28785
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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 Waynesville at 574 Appaloosa Trl, Waynesville, NC, 28785 with 5% annual appreciation on a $630,999 basis while $4,318/mo rent supports operations. Total monthly income totals $4,318/mo and a $3,088/mo payment preserves $473/mo for cash returns. Annual cash flow comes to $5,674/yr on $207,599 deployed, and return on cash invested reaches 22.79% in year one. Equity gained on principal adds $4,072/yr, and five-year appreciation sums $174,333 alongside rental yield of 8.21%. Five-year ROI measures 118.15% and total cumulative return in cash totals $245,268.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,318/mo property income versus a $3,088/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
1.01 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: Brooke Fish • Better Homes and Gardens Real Estate Heritage
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4269217