74 & 78 Hill StSylvaNC28779
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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 Sylva at 74 & 78 Hill St, Sylva, NC, 28779 offers a 9.15% rental yield on a $299,000 purchase with $2,280/mo rent. Total monthly income registers $2,280/mo, and a $1,463/mo payment leaves $458/mo available for distribution. Annual cash flow reaches $5,498/yr on $99,119 to close, and return on cash invested stands at 25.46% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 132.49% and total cumulative return in cash at $131,326. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,280/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28779, Sylva, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,868 (100%) |
| Owner Occupied HU | 5,419 (54.9%) |
| Renter Occupied HU | 2,510 (25.4%) |
| Vacant Housing Units | 1,939 (19.6%) |
| Median Home Value | $281,555 |
| Average Home Value | $336,593 |
Housing Distribution
Address Breakdown
Residential
7,505
Single Family
7,463
Multi-Family
42
Businesses
764
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Listed by: Selissa Shuler • Appalachian Real Estate
Mls Name: Carolina Smokies MLS
Mls ID: #26043042