1454 Spring Forest RoadSapphireNC28774
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
Total monthly income runs $4,936/mo, and a $8,565/mo payment. Purchase price stands at $1,750,000, and rental yield measures 3.38% with $4,936/mo rent. Return on cash invested shows 8.24% in year one, and 5% annual appreciation builds toward $483,493 over five years. Five-year ROI reaches 40.07% and total cumulative return in cash records $227,169. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,936/mo property income covering a $8,565/mo payment rather than investor’s personal income.
Single Family
Built in 2005
2 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gary Garren • Highlands Sotheby's International Realty - DT
Mls Name: HCMLS
Mls ID: #1002381