98 Red Oak Dr, Mills River, NC, 28759 | 7.31% Rental Yield

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Mills River at 98 Red Oak Dr, Mills River, NC, 28759 offers a 7.31% rental yield on a $699,900 purchase with $4,265/mo rent. 06% in year one. Equity gained on principal adds $4,516/yr while 5% annual appreciation supports $193,369 over five years. Portfolio math shows five-year ROI at 103.49% and total cumulative return in cash at $238,292. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,265/mo property income against a $3,426/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1993

1.37 Acres lot

$N/A/sqft

No HOA