Florence Plan, Brooks CoveBlack MountainNC28711
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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
Investment property for sale in Black Mountain at Florence Plan, Brooks Cove, Black Mountain, NC, 28711 uses $122,622 cash to close to unlock $6,193/yr annual cash flow and $516/mo monthly cash flow. Total monthly income runs $2,770/mo, and a $1,810/mo payment keeps the spread at $516/mo. Purchase price stands at $369,900, and rental yield measures 8.99% with $2,770/mo rent. Return on cash invested shows 24.96% in year one, and 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 129.83% and total cumulative return in cash records $159,202. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,770/mo property income covering a $1,810/mo payment rather than investor’s personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28711, Black Mountain, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,280 (100%) |
| Owner Occupied HU | 4,528 (54.7%) |
| Renter Occupied HU | 1,930 (23.3%) |
| Vacant Housing Units | 1,822 (22.0%) |
| Median Home Value | $443,269 |
| Average Home Value | $495,702 |
Housing Distribution
Address Breakdown
Residential
6,885
Single Family
6,549
Multi-Family
336
Businesses
637
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Listed by: N/A • Windsor Built Homes
Mls Name: Windsor Built Homes
Mls ID: #N/A