9 League LoopWaynesvilleNC28786
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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 Waynesville at 9 League Loop, Waynesville, NC, 28786 priced at $239,000 pairs $2,531/mo rent with $1,074/mo cash flow after a $1,170/mo payment. Total monthly income equals $2,531/mo, and annual cash flow comes to $12,890/yr on $79,229 invested. Return on cash invested is 36.18% in year one, and rental yield stands at 12.71% on a $239,000 basis. Equity gained on principal adds $1,542/yr, and 5% annual appreciation accumulates to $66,031 by year five. Five-year ROI measures 190.01% and total cumulative return in cash reaches $150,540. For financing, Ziffy Mortgage’s DSCR program evaluates $2,531/mo property income against a $1,170/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2017
0.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28786, Waynesville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,175 (100%) |
| Owner Occupied HU | 6,981 (57.3%) |
| Renter Occupied HU | 3,128 (25.7%) |
| Vacant Housing Units | 2,066 (17.0%) |
| Median Home Value | $297,270 |
| Average Home Value | $346,300 |
Housing Distribution
Address Breakdown
Residential
11,130
Single Family
10,582
Multi-Family
548
Businesses
1,261
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Nearby investment properties with comparable prices
Listed by: Pamela Williams • Allen Tate/Beverly-Hanks Waynesville
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4128544
Disclaimer: Based on information submitted to the MLS GRID as of 2024-01-24 10:55:15 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_87)