94 Irene LnMaggie ValleyNC28751
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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 Maggie Valley at 94 Irene Ln, Maggie Valley, NC, 28751 generates $2,924/mo in rent and, after a $2,325/mo payment, leaves $29/mo in cash flow. Total monthly income is $2,924/mo, and annual cash flow is $348/yr on $157,463 invested. Return on cash invested sits at 20.13% in year one, and rental yield is 7.39% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 103.88% and total cumulative return in cash sums $163,579. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,924/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28751, Maggie Valley, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,224 (100%) |
| Owner Occupied HU | 1,602 (37.9%) |
| Renter Occupied HU | 366 ( 8.7%) |
| Vacant Housing Units | 2,256 (53.4%) |
| Median Home Value | $313,131 |
| Average Home Value | $368,015 |
Housing Distribution
Address Breakdown
Residential
2,410
Single Family
2,410
Multi-Family
0
Businesses
266
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Listed by: Ron Breese • Keller Williams Great Smokies
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4284196