58 Frog Level LnBakersvilleNC28705
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 1.32% gross rental yield, 58 Frog Level Ln, Bakersville, NC, 28705 in Bakersville is priced for capital growth, not immediate cash flow. The $824,111 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $227,687 by year five, with $7,590/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.24) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $47,357.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 1.3% | 6.2% |
| Monthly Cash Flow | $(4,115) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $907 |
| Total Monthly Debt Service | $4,695 |
| DSCR Ratio | 0.19x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2006
4.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28705, Bakersville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,803 (100%) |
| Owner Occupied HU | 2,214 (58.2%) |
| Renter Occupied HU | 615 (16.2%) |
| Vacant Housing Units | 974 (25.6%) |
| Median Home Value | $265,165 |
| Average Home Value | $308,944 |
Housing Distribution
Address Breakdown
Residential
3,190
Single Family
3,190
Multi-Family
0
Businesses
197
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
Single Family
Built in 2006
4.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28705, Bakersville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,803 (100%) |
| Owner Occupied HU | 2,214 (58.2%) |
| Renter Occupied HU | 615 (16.2%) |
| Vacant Housing Units | 974 (25.6%) |
| Median Home Value | $265,165 |
| Average Home Value | $308,944 |
Housing Distribution
Address Breakdown
Residential
3,190
Single Family
3,190
Multi-Family
0
Businesses
197
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices