80 Ferguson LnBakersvilleNC28705
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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 Bakersville at 80 Ferguson Ln, Bakersville, NC, 28705 offers a 8.18% rental yield on a $449,000 purchase with $3,062/mo rent. Total monthly income registers $3,062/mo, and a $2,198/mo payment leaves $325/mo available for distribution. Annual cash flow reaches $3,902/yr on $148,844 to close, and return on cash invested stands at 22.53% in year one. Equity gained on principal adds $2,897/yr while 5% annual appreciation supports $124,050 over five years. Portfolio math shows five-year ROI at 116.8% and total cumulative return in cash at $173,848. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,062/mo property income against a $2,198/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
7.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28705, Bakersville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,803 (100%) |
| Owner Occupied HU | 2,214 (58.2%) |
| Renter Occupied HU | 615 (16.2%) |
| Vacant Housing Units | 974 (25.6%) |
| Median Home Value | $265,165 |
| Average Home Value | $308,944 |
Housing Distribution
Address Breakdown
Residential
3,190
Single Family
3,190
Multi-Family
0
Businesses
197
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Listed by: Matthew Peachey • United Country Real Estate Carolina Properties
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4305424