831 Hooper Creek RdTryonNC28782
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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 831 Hooper Creek Rd, Tryon, NC, 28782 offers a 7.51% rental yield on a $765,900 purchase with $4,794/mo rent. Total monthly income registers $4,794/mo, and a $3,749/mo payment leaves $126/mo available for distribution. Annual cash flow reaches $1,511/yr on $251,981 to close, and return on cash invested stands at 20.66% in year one. Equity gained on principal adds $4,942/yr while 5% annual appreciation supports $211,604 over five years. Portfolio math shows five-year ROI at 106.7% and total cumulative return in cash at $268,866. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,794/mo property income against a $3,749/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
2.30 Acres 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: Sally Irwin • Real Broker, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4302605