824 Dillsboro RdSylvaNC28779
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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 Sylva at 824 Dillsboro Rd, Sylva, NC, 28779 offers $2,478/mo rent that, after a $1,894/mo payment, leaves $120/mo cash flow. Total monthly income is $2,478/mo, and annual cash flow is $1,435/yr on $128,291 cash. Return on cash invested measures 21.03% in year one, and rental yield stands at 7.68% at a $387,000 entry. Equity gained on principal adds $2,497/yr while 5% annual appreciation compounds into $106,921 by year five. Five-year ROI records 108.72% and total cumulative return in cash reaches $139,478. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,478/mo property income versus a $1,894/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2019
5 Acres 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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Nearby investment properties with comparable prices
Listed by: Teresa S Bailey • NextHome PaperTown
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4304978