7 Silver PlBlack MountainNC28711
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 Black Mountain at 7 Silver Pl, Black Mountain, NC, 28711 priced at $441,000 pairs $2,700/mo rent with $13/mo cash flow after a $2,158/mo payment. Total monthly income equals $2,700/mo, and annual cash flow comes to $154/yr on $146,192 invested. Return on cash invested is 20.01% in year one, and rental yield stands at 7.35% on a $441,000 basis. Equity gained on principal adds $2,846/yr, and 5% annual appreciation accumulates to $121,840 by year five. Five-year ROI measures 103.28% and total cumulative return in cash reaches $150,984. For financing, Ziffy Mortgage’s DSCR program evaluates $2,700/mo property income against a $2,158/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1995
0.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28711, Black Mountain, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,280 (100%) |
| Owner Occupied HU | 4,528 (54.7%) |
| Renter Occupied HU | 1,930 (23.3%) |
| Vacant Housing Units | 1,822 (22.0%) |
| Median Home Value | $443,269 |
| Average Home Value | $495,702 |
Housing Distribution
Address Breakdown
Residential
6,885
Single Family
6,549
Multi-Family
336
Businesses
637
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Nearby investment properties with comparable prices
Listed by: Ameliah Davidson • GreyBeard Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4288938