905 Hutch Mountain RdFletcherNC28732
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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
Rental property for sale in Fletcher at 905 Hutch Mountain Rd, Fletcher, NC, 28732 generates $2,407/mo in rent and, after a $1,713/mo payment, leaves $274/mo in cash flow. Total monthly income is $2,407/mo, and annual cash flow is $3,288/yr on $116,025 invested. Return on cash invested sits at 22.74% in year one, and rental yield is 8.25% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 117.9% and total cumulative return in cash sums $136,790. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,407/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28732, Fletcher, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,724 (100%) |
| Owner Occupied HU | 6,356 (72.9%) |
| Renter Occupied HU | 1,760 (20.2%) |
| Vacant Housing Units | 608 ( 7.0%) |
| Median Home Value | $396,542 |
| Average Home Value | $531,826 |
Housing Distribution
Address Breakdown
Residential
8,256
Single Family
8,255
Multi-Family
1
Businesses
633
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Listed by: Sharon Stovall • Exp Realty, LLC (Mls Only)
Mls Name: Carolina Smokies MLS
Mls ID: #26036573
Disclaimer: Copyright Carolina Smokies Association of Realtors & MLS. All rights reserved. Information is deemed reliable but not guaranteed.