945 Roaring Fork RdHot SpringsNC28743
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 Hot Springs at 945 Roaring Fork Rd, Hot Springs, NC, 28743 listed at $1,230,000 pairs $3,664/mo rent with a $6,020/mo payment. Total monthly income runs $3,664/mo. Return on cash invested measures 8.83% in year one, and rental yield registers 3.57% at a $1,230,000 basis. Equity gained on principal adds $7,937/yr, and annual property appreciation at 5% supports $339,826 by year five. Five-year ROI tracks 43.21% and total cumulative return in cash totals $172,186. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,664/mo property income relative to a $6,020/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
100 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28743, Hot Springs, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,447 (100%) |
| Owner Occupied HU | 758 (52.4%) |
| Renter Occupied HU | 230 (15.9%) |
| Vacant Housing Units | 459 (31.7%) |
| Median Home Value | $215,909 |
| Average Home Value | $249,667 |
Housing Distribution
Address Breakdown
Residential
1,048
Single Family
1,048
Multi-Family
0
Businesses
142
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Nearby investment properties with comparable prices
Listed by: Mary Liske • Looking Glass Realty AVL LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4307267