74 Morning Glory DrHendersonvilleNC28792
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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
Rental property for sale in Hendersonville at 74 Morning Glory Dr, Hendersonville, NC, 28792 priced at $101,000 pairs $777/mo rent with $162/mo cash flow after a $494/mo payment. Total monthly income equals $777/mo, and annual cash flow comes to $1,942/yr on $33,482 invested. Return on cash invested is 25.71% in year one, and rental yield stands at 9.23% on a $101,000 basis. Equity gained on principal adds $652/yr, and 5% annual appreciation accumulates to $27,904 by year five. Five-year ROI measures 133.81% and total cumulative return in cash reaches $44,802. For financing, Ziffy Mortgage’s DSCR program evaluates $777/mo property income against a $494/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1995
N/A 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: Kimberly Walker • BLUE RIDGE REAL ESTATE LLC
Mls Name: My State MLS
Mls ID: #11599419