11 Sky Ranch LaneCashiersNC28717
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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
Total monthly income runs $2,492/mo, and a $6,118/mo payment. Purchase price stands at $1,250,000, and rental yield measures 2.39% with $2,492/mo rent. Return on cash invested shows 5.18% in year one, and 5% annual appreciation builds toward $345,352 over five years. Five-year ROI reaches 23.64% and total cumulative return in cash records $95,725. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,492/mo property income covering a $6,118/mo payment rather than investor’s personal income.
Single Family
Built in 1946
2.42 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
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Listed by: Shepard King • Keller Williams Great Smokies
Mls Name: HCMLS
Mls ID: #1002119