88 Hosta LnBrevardNC28712
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 Brevard at 88 Hosta Ln, Brevard, NC, 28712 priced at $639,000 pairs $3,577/mo rent with after a $3,128/mo payment. Total monthly income equals $3,577/mo. Return on cash invested is 18.25% in year one, and rental yield stands at 6.72% on a $639,000 basis. Equity gained on principal adds $4,123/yr, and 5% annual appreciation accumulates to $176,544 by year five. Five-year ROI measures 93.78% and total cumulative return in cash reaches $197,164. For financing, Ziffy Mortgage’s DSCR program evaluates $3,577/mo property income against a $3,128/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28712, Brevard, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,972 (100%) |
| Owner Occupied HU | 6,128 (55.9%) |
| Renter Occupied HU | 2,563 (23.4%) |
| Vacant Housing Units | 2,281 (20.8%) |
| Median Home Value | $411,050 |
| Average Home Value | $463,834 |
Housing Distribution
Address Breakdown
Residential
9,750
Single Family
9,493
Multi-Family
257
Businesses
926
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Listed by: Rebecka Gibson • Fisher Realty - 10 Park Place
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4299238