123 Wild Blackberry RidgeCullowheeNC28723
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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 Cullowhee at 123 Wild Blackberry Ridge, Cullowhee, NC, 28723 at $599,000 posts ROI 9.21% with from $1,994/mo rent. Total monthly income equals $1,994/mo. Return on cash invested measures 9.21% and rental yield reads 3.99% at the current $599,000. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 by year five. Five-year ROI prints 45.61% and total cumulative return in cash totals $89,878. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,994/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2001
0.92 Acres lot
$N/A/sqft
$1,500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28723, Cullowhee, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,918 (100%) |
| Owner Occupied HU | 1,822 (30.8%) |
| Renter Occupied HU | 2,173 (36.7%) |
| Vacant Housing Units | 1,923 (32.5%) |
| Median Home Value | $371,691 |
| Average Home Value | $541,180 |
Housing Distribution
Address Breakdown
Residential
4,394
Single Family
4,382
Multi-Family
12
Businesses
129
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Listed by: Rob Whitney • Cashiers Sotheby's International Realty
Mls Name: HCMLS
Mls ID: #1000656
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.