TBD Doyle Bare RoadWest JeffersonNC28694
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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
Rental property for sale in West Jefferson at TBD Doyle Bare Road, West Jefferson, NC, 28694 priced at $195,000 pairs $1,679/mo rent with $491/mo cash flow after a $954/mo payment. Total monthly income equals $1,679/mo, and annual cash flow comes to $5,892/yr on $64,643 invested. Return on cash invested is 29.02% in year one, and rental yield stands at 10.33% on a $195,000 basis. Equity gained on principal adds $1,258/yr, and 5% annual appreciation accumulates to $53,875 by year five. Five-year ROI measures 151.61% and total cumulative return in cash reaches $98,002. For financing, Ziffy Mortgage’s DSCR program evaluates $1,679/mo property income against a $954/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28694, West Jefferson, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,131 (100%) |
| Owner Occupied HU | 2,726 (53.1%) |
| Renter Occupied HU | 944 (18.4%) |
| Vacant Housing Units | 1,461 (28.5%) |
| Median Home Value | $340,923 |
| Average Home Value | $381,704 |
Housing Distribution
Address Breakdown
Residential
3,816
Single Family
3,738
Multi-Family
78
Businesses
410
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Listed by: Bruce Hill • Realty One Group Results-Boone
Mls Name: High Country AOR
Mls Provider:
Mls ID: #256579
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.