58 Hazel CtBrevardNC28712
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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 Brevard at 58 Hazel Ct, Brevard, NC, 28712 uses $180,950 cash to close to unlock $2,976/yr annual cash flow and $248/mo monthly cash flow. Total monthly income runs $3,600/mo, and a $2,692/mo payment keeps the spread at $248/mo. Purchase price stands at $550,000, and rental yield measures 7.85% with $3,600/mo rent. Return on cash invested shows 21.7% in year one, and 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 112.3% and total cumulative return in cash records $203,206. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,600/mo property income covering a $2,692/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28712, Brevard, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,972 (100%) |
| Owner Occupied HU | 6,128 (55.9%) |
| Renter Occupied HU | 2,563 (23.4%) |
| Vacant Housing Units | 2,281 (20.8%) |
| Median Home Value | $411,050 |
| Average Home Value | $463,834 |
Housing Distribution
Address Breakdown
Residential
9,750
Single Family
9,493
Multi-Family
257
Businesses
926
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Listed by: Hunter Trombetta • Fisher Realty - 10 Park Place
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4329453