907 Highland AveHendersonvilleNC28792
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
Investment property for sale in Hendersonville at 907 Highland Ave, Hendersonville, NC, 28792 listed at $237,900 pairs $2,142/mo rent with a $1,164/mo payment to leave $693/mo cash flow. Total monthly income runs $2,142/mo, and annual cash flow reaches $8,310/yr on $78,864 cash to close. Return on cash invested measures 30.45% in year one, and rental yield registers 10.8% at a $237,900 basis. Equity gained on principal adds $1,535/yr, and annual property appreciation at 5% supports $65,727 by year five. Five-year ROI tracks 159.26% and total cumulative return in cash totals $125,595. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,142/mo property income relative to a $1,164/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1943
0.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28792, Hendersonville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,631 (100%) |
| Owner Occupied HU | 10,436 (56.0%) |
| Renter Occupied HU | 5,775 (31.0%) |
| Vacant Housing Units | 2,420 (13.0%) |
| Median Home Value | $330,632 |
| Average Home Value | $370,895 |
Housing Distribution
Address Breakdown
Residential
16,922
Single Family
15,291
Multi-Family
1,631
Businesses
1,395
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: M. Grant James • BluAxis Realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4284305