Dream Mountain Home Plan, Maple ViewBooneNC28607
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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 Boone at Dream Mountain Home Plan, Maple View, Boone, NC, 28607 priced at $995,000 converts $5,567/mo rent into after a $4,870/mo obligation. Total monthly income equals $5,567/mo. Return on cash invested prints 17.95% in year one, and rental yield reads 6.71% against a $995,000 entry. Equity gained on principal adds $6,421/yr, while 5% annual appreciation compiles into $274,900 by year five. Five-year ROI reaches 92.25% and total cumulative return in cash sums $301,986. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,567/mo property income covering a $4,870/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$80 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28607, Boone, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,926 (100%) |
| Owner Occupied HU | 6,552 (36.6%) |
| Renter Occupied HU | 7,209 (40.2%) |
| Vacant Housing Units | 4,165 (23.2%) |
| Median Home Value | $371,926 |
| Average Home Value | $477,239 |
Housing Distribution
Address Breakdown
Residential
14,796
Single Family
13,405
Multi-Family
1,391
Businesses
1,773
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Listed by: Larry Rupp • Clear Waters Construction
Mls Name: Clear Waters Construction
Mls ID: #N/A