701 Dana RdHendersonvilleNC28792
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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 Hendersonville at 701 Dana Rd, Hendersonville, NC, 28792 with 5% annual appreciation on a $225,000 basis while $2,107/mo rent supports operations. Total monthly income totals $2,107/mo and a $1,101/mo payment preserves $736/mo for cash returns. Annual cash flow comes to $8,832/yr on $74,588 deployed, and return on cash invested reaches 31.75% in year one. Equity gained on principal adds $1,452/yr, and five-year appreciation sums $62,163 alongside rental yield of 11.24%. Five-year ROI measures 166.21% and total cumulative return in cash totals $123,969.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,107/mo property income versus a $1,101/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1983
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28792, Hendersonville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,631 (100%) |
| Owner Occupied HU | 10,436 (56.0%) |
| Renter Occupied HU | 5,775 (31.0%) |
| Vacant Housing Units | 2,420 (13.0%) |
| Median Home Value | $330,632 |
| Average Home Value | $370,895 |
Housing Distribution
Address Breakdown
Residential
16,922
Single Family
15,291
Multi-Family
1,631
Businesses
1,395
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Listed by: Merle Reese • Keller Williams Mtn Partners, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4333517