5990 S State Highway 9TryonNC28782
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
Investment Highlights
Rental property for sale in Tryon at 5990 S State Highway 9, Tryon, NC, 28782 generates $2,682/mo in rent, after a $3,174/mo payment. Total monthly income is $2,682/mo. Return on cash invested sits at 12.92% in year one, and rental yield is 4.96% on a $648,500 entry. Equity gained on principal adds $4,185/yr, while 5% annual appreciation builds toward $179,169 over five years. Five-year ROI reaches 65.19% and total cumulative return in cash sums $139,079. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,682/mo property income rather than buyer’s personal income.
Single Family
Built in 1943
5.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28782, Tryon, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,533 (100%) |
| Owner Occupied HU | 2,164 (61.3%) |
| Renter Occupied HU | 699 (19.8%) |
| Vacant Housing Units | 670 (19.0%) |
| Median Home Value | $417,073 |
| Average Home Value | $467,884 |
Housing Distribution
Address Breakdown
Residential
3,199
Single Family
3,165
Multi-Family
34
Businesses
332
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Erika Bradley • Century 21 Mountain Lifestyles/S. Hend
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4281496