590 Hutch Mountain RdFletcherNC28732
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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 Fletcher at 590 Hutch Mountain Rd, Fletcher, NC, 28732 with 5% annual appreciation on a $289,000 basis while $2,076/mo rent supports operations. Total monthly income totals $2,076/mo and a $1,415/mo payment preserves $314/mo for cash returns. Annual cash flow comes to $3,770/yr on $95,804 deployed, and return on cash invested reaches 23.84% in year one. Equity gained on principal adds $1,865/yr, and five-year appreciation sums $79,845 alongside rental yield of 8.62%. Five-year ROI measures 123.87% and total cumulative return in cash totals $118,670.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,076/mo property income versus a $1,415/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2002
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28732, Fletcher, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,724 (100%) |
| Owner Occupied HU | 6,356 (72.9%) |
| Renter Occupied HU | 1,760 (20.2%) |
| Vacant Housing Units | 608 ( 7.0%) |
| Median Home Value | $396,542 |
| Average Home Value | $531,826 |
Housing Distribution
Address Breakdown
Residential
8,256
Single Family
8,255
Multi-Family
1
Businesses
633
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Listed by: James Blue • Allen Tate/Beverly-Hanks Asheville-North
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4277834