59 Chestnut Ridge Rd, Mills River, NC, 28759 | 3.46% Rental Yield

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

Investment property for sale in Mills River at 59 Chestnut Ridge Rd, Mills River, NC, 28759 earns from $5,627/mo rent with a $9,544/mo payment. Total monthly income totals $5,627/mo. ROI tracks 8.49% on current figures, and rental yield reads 3.46% at a $1,950,000 purchase. Equity gained on principal adds $12,583/yr, and 5% annual appreciation supports $538,749 over five years. Five-year ROI reaches 41.36% and total cumulative return in cash sums $261,281. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,627/mo property income instead of your personal income.

Single Family

Built in 1980

1 Acres lot

$N/A/sqft

No HOA