1241 King Gap RdHighlandsNC28741
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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 Highlands at 1241 King Gap Rd, Highlands, NC, 28741 projects strong ROI of 20.79%.
With 5% annual appreciation, the property builds $773,588 in value over five years. Equity growth combined with cash flow delivers a projected five-year ROI of 107.45%, translating into $974,823 in total cumulative return on $907,200 invested capital.
You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1990
1.12 Acres lot
$N/A/sqft
$2,900 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
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Listed by: Ann Cooper • Landmark Realty Group, LLC (Mls Only)
Mls Name: Carolina Smokies MLS
Mls ID: #26041431
Disclaimer: Copyright Carolina Smokies Association of Realtors & MLS. All rights reserved. Information is deemed reliable but not guaranteed.