11 Elk Ridge TrailCashiersNC28717
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 Cashiers at 11 Elk Ridge Trail, Cashiers, NC, 28717 at $698,000 posts ROI 10.21% with from $2,368/mo rent. Total monthly income equals $2,368/mo. Return on cash invested measures 10.21% and rental yield reads 4.07% at the current $698,000. Equity gained on principal adds $4,504/yr, and 5% annual appreciation supports $192,845 by year five. Five-year ROI prints 50.66% and total cumulative return in cash totals $116,340. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,368/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2004
1.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28717, Cashiers, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,286 (100%) |
| Owner Occupied HU | 625 (27.3%) |
| Renter Occupied HU | 143 ( 6.3%) |
| Vacant Housing Units | 1,518 (66.4%) |
| Median Home Value | $531,888 |
| Average Home Value | $750,584 |
Housing Distribution
Address Breakdown
Residential
676
Single Family
603
Multi-Family
73
Businesses
410
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Karen Sullivan • RE/MAX SUMMIT PROPERTIES
Mls Name: HCMLS
Mls ID: #104369
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.