140 Timber Ridge DRCashiersNC28717
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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 Cashiers at 140 Timber Ridge DR, Cashiers, NC, 28717 earns from $3,192/mo rent with a $9,275/mo payment. Total monthly income totals $3,192/mo. ROI tracks 3.63% on current figures, and rental yield reads 2.02% at a $1,895,000 purchase. Equity gained on principal adds $12,228/yr, and 5% annual appreciation supports $523,554 over five years. Five-year ROI reaches 15.46% and total cumulative return in cash sums $94,937. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,192/mo property income instead of your personal income.
Single Family
Built in 2001
1.90 Acres lot
$N/A/sqft
$2,500 annually 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: Andrew Hudson • HAMPTON REALTY, LLC
Mls Name: HCMLS
Mls ID: #1000527
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.