5970 Blowing Rock Boulevard UNIT 12LenoirNC28645
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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
Investment Highlights
Investment property for sale in Lenoir at 5970 Blowing Rock Boulevard UNIT 12, Lenoir, NC, 28645 listed at $799,900 pairs $1,268/mo rent with a $3,915/mo payment. Total monthly income runs $1,268/mo. Return on cash invested measures 1.79% in year one, and rental yield registers 1.9% at a $799,900 basis. Equity gained on principal adds $5,162/yr, and annual property appreciation at 5% supports $220,998 by year five. Five-year ROI tracks 6.19% and total cumulative return in cash totals $16,284. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,268/mo property income relative to a $3,915/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1986
N/A lot
$N/A/sqft
$1,200 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28645, Lenoir, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,745 (100%) |
| Owner Occupied HU | 13,505 (62.1%) |
| Renter Occupied HU | 5,791 (26.6%) |
| Vacant Housing Units | 2,449 (11.3%) |
| Median Home Value | $210,906 |
| Average Home Value | $239,578 |
Housing Distribution
Address Breakdown
Residential
20,028
Single Family
19,699
Multi-Family
329
Businesses
1,303
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Listed by: Sue Glenn • Blowing Rock Properties, Inc
Mls Name: High Country AOR
Mls Provider:
Mls ID: #255825
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.