1100 Claire Lane LaneHighlandsNC28741
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
Rental property for sale in Highlands at 1100 Claire Lane Lane, Highlands, NC, 28741 priced at $999,500 pairs $2,918/mo rent with after a $4,892/mo payment. Total monthly income equals $2,918/mo. Return on cash invested is 7.26% in year one, and rental yield stands at 3.5% on a $999,500 basis. Equity gained on principal adds $6,450/yr, and 5% annual appreciation accumulates to $276,143 by year five. Five-year ROI measures 35.3% and total cumulative return in cash reaches $116,067. For financing, Ziffy Mortgage’s DSCR program evaluates $2,918/mo property income against a $4,892/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
0.40 Acres lot
$N/A/sqft
$4,013 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28741, Highlands, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,339 (100%) |
| Owner Occupied HU | 1,493 (23.6%) |
| Renter Occupied HU | 393 ( 6.2%) |
| Vacant Housing Units | 4,453 (70.2%) |
| Median Home Value | $635,060 |
| Average Home Value | $737,612 |
Housing Distribution
Address Breakdown
Residential
3,186
Single Family
2,789
Multi-Family
397
Businesses
416
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patrick Gleeson • Christie's International Real Estate Highlands-Cashiers
Mls Name: HCMLS
Mls ID: #1000359
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.