70 Misty Mountain Est #5NeboNC28761
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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 Nebo at 70 Misty Mountain Est #5, Nebo, NC, 28761 at $229,900 posts ROI 23.91% with $254/mo cash flow from $1,655/mo rent. Total monthly income equals $1,655/mo, and annual cash flow records $3,049/yr on $76,212 to close. Return on cash invested measures 23.91% and rental yield reads 8.64% at the current $229,900. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 by year five. Five-year ROI prints 124.23% and total cumulative return in cash totals $94,679.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,655/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2018
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28761, Nebo, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,457 (100%) |
| Owner Occupied HU | 2,949 (66.2%) |
| Renter Occupied HU | 664 (14.9%) |
| Vacant Housing Units | 844 (18.9%) |
| Median Home Value | $249,932 |
| Average Home Value | $339,791 |
Housing Distribution
Address Breakdown
Residential
4,033
Single Family
4,033
Multi-Family
0
Businesses
117
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Listed by: Cindy Ledbetter • The Marion Agency LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4316306