77 Chestnut St #OAK-301TryonNC28782
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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 Tryon at 77 Chestnut St #OAK-301, Tryon, NC, 28782 earns from $2,040/mo rent with a $1,835/mo payment. Total monthly income totals $2,040/mo. ROI tracks 17.54% on current figures, and rental yield reads 6.53% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 90.02% and total cumulative return in cash sums $111,903. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,040/mo property income instead of your personal income.
Condo
Built in 1985
4,356 sqft 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: Jeffrey Byrd • Walker, Wallace & Emerson Rlty
Mls Name: Greater Greenville AOR
Mls ID: #1552969