83 Libbey LnMills RiverNC28759
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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
Investment property for sale in Mills River at 83 Libbey Ln, Mills River, NC, 28759 at $284,000 posts ROI 25.41% with $431/mo cash flow from $2,162/mo rent. Total monthly income equals $2,162/mo, and annual cash flow records $5,174/yr on $94,146 to close. Return on cash invested measures 25.41% and rental yield reads 9.14% at the current $284,000. Equity gained on principal adds $1,833/yr, and 5% annual appreciation supports $78,464 by year five. Five-year ROI prints 132.23% and total cumulative return in cash totals $124,493.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,162/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1997
0.68 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Jennifer Maxwell • Keller Williams Mtn Partners, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4244925
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