1101 Trays Island RoadSapphireNC28774
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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 Sapphire at 1101 Trays Island Road, Sapphire, NC, 28774 with 5% annual appreciation on a $699,000 basis while $4,213/mo rent supports operations. 89% in year one. Equity gained on principal adds $4,511/yr, and five-year appreciation sums $193,121 alongside rental yield of 7.23%. Five-year ROI measures 97.55% and total cumulative return in cash totals $224,342. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,213/mo property income versus a $3,421/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2015
0.68 Acres lot
$N/A/sqft
$2,133 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28774, Sapphire, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,009 (100%) |
| Owner Occupied HU | 701 (23.3%) |
| Renter Occupied HU | 144 ( 4.8%) |
| Vacant Housing Units | 2,164 (71.9%) |
| Median Home Value | $576,754 |
| Average Home Value | $680,036 |
Housing Distribution
Address Breakdown
Residential
1,304
Single Family
1,304
Multi-Family
0
Businesses
65
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Listed by: Karen Sullivan • RE/MAX Summit Properties
Mls Name: HCMLS
Mls ID: #1000618
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.