73 Top Of The Mountain RdHendersonvilleNC28766
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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 73 Top Of The Mountain Rd, Hendersonville, NC, 28766 uses $104,423 cash to close to unlock $2,064/yr annual cash flow and $172/mo monthly cash flow. Total monthly income runs $2,092/mo, and a $1,542/mo payment keeps the spread at $172/mo. Purchase price stands at $315,000, and rental yield measures 7.97% with $2,092/mo rent. Return on cash invested shows 21.89% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 113.3% and total cumulative return in cash records $118,313. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,092/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 1985
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28766, Penrose, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 612 (100%) |
| Owner Occupied HU | 459 (75.0%) |
| Renter Occupied HU | 82 (13.4%) |
| Vacant Housing Units | 71 (11.6%) |
| Median Home Value | $435,677 |
| Average Home Value | $456,999 |
Housing Distribution
Address Breakdown
Residential
541
Single Family
541
Multi-Family
0
Businesses
48
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Listed by: Amber Parrish-Kirkpatrick • Howard Hanna Beverly-Hanks Asheville-Biltmore Park
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4322820