784 Carson Creek RdBrevardNC28712
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Brevard at 784 Carson Creek Rd, Brevard, NC, 28712 offers $1,799/mo rent that, after a $1,297/mo payment, leaves $184/mo cash flow. Total monthly income is $1,799/mo, and annual cash flow is $2,208/yr on $87,848 cash. Return on cash invested measures 22.42% in year one, and rental yield stands at 8.15% at a $265,000 entry. Equity gained on principal adds $1,710/yr while 5% annual appreciation compounds into $73,215 by year five. Five-year ROI records 116.18% and total cumulative return in cash reaches $102,063. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,799/mo property income versus a $1,297/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2021
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28712, Brevard, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,972 (100%) |
| Owner Occupied HU | 6,128 (55.9%) |
| Renter Occupied HU | 2,563 (23.4%) |
| Vacant Housing Units | 2,281 (20.8%) |
| Median Home Value | $411,050 |
| Average Home Value | $463,834 |
Housing Distribution
Address Breakdown
Residential
9,750
Single Family
9,493
Multi-Family
257
Businesses
926
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Nearby investment properties with comparable prices
Listed by: Jordan Clark • Looking Glass Realty, Connestee Falls
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4267890