63 Limekiln Branch RdBrevardNC28712
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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
Rental property for sale in Brevard at 63 Limekiln Branch Rd, Brevard, NC, 28712 offers $2,155/mo rent that, after a $857/mo payment, leaves $1,088/mo cash flow. Total monthly income is $2,155/mo, and annual cash flow is $13,056/yr on $58,013 cash. Return on cash invested measures 42.41% in year one, and rental yield stands at 14.78% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 223.37% and total cumulative return in cash reaches $129,583. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,155/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
2.21 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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Nearby investment properties with comparable prices
Listed by: Susana McCall • Fisher Realty - 10 Park Place
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4188488
Disclaimer: Based on information submitted to the MLS GRID as of 2024-01-24 10:55:15 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_87)