860 Grouse DrBryson CityNC28713
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 Bryson City at 860 Grouse Dr, Bryson City, NC, 28713 priced at $760,000 converts $2,434/mo rent into after a $3,720/mo obligation. Total monthly income equals $2,434/mo. Return on cash invested prints 9.51% in year one, and rental yield reads 3.84% against a $760,000 entry. Equity gained on principal adds $4,904/yr, while 5% annual appreciation compiles into $209,974 by year five. Five-year ROI reaches 46.92% and total cumulative return in cash sums $117,313. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,434/mo property income covering a $3,720/mo payment, not borrower’s personal income.
Single Family
Built in 1989
2.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28713, Bryson City, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,892 (100%) |
| Owner Occupied HU | 2,716 (46.1%) |
| Renter Occupied HU | 1,032 (17.5%) |
| Vacant Housing Units | 2,144 (36.4%) |
| Median Home Value | $278,505 |
| Average Home Value | $344,501 |
Housing Distribution
Address Breakdown
Residential
3,981
Single Family
3,941
Multi-Family
40
Businesses
459
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathleen Ford • Nc Mountains Realty
Mls Name: Carolina Smokies MLS
Mls ID: #26042931