705 Hooper Creek RdTryonNC28782
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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
Total monthly income runs $3,500/mo, and a $3,402/mo payment. Purchase price stands at $695,000, and rental yield measures 6.04% with $3,500/mo rent. Return on cash invested shows 16.2% in year one, and 5% annual appreciation builds toward $192,016 over five years. Five-year ROI reaches 82.77% and total cumulative return in cash records $189,258. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,500/mo property income covering a $3,402/mo payment rather than investor’s personal income.
Single Family
Built in 1971
2.20 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
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Listed by: Michelle Miller • Compass Carolinas, LLC
Mls Name: Greater Greenville AOR
Mls ID: #1578572