15 Channel View DriveCullowheeNC28723
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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 15 Channel View Drive, Cullowhee, NC, 28723 earns from $1,975/mo rent with a $4,576/mo payment. Total monthly income totals $1,975/mo. ROI tracks 4.97% on current figures, and rental yield reads 2.53% at a $935,000 purchase. Equity gained on principal adds $6,033/yr, and 5% annual appreciation supports $258,323 over five years. Five-year ROI reaches 22.8% and total cumulative return in cash sums $70,124. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,975/mo property income instead of your personal income.
Single Family
Built in 2020
3.23 Acres lot
$N/A/sqft
$1,735 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: #1001012
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.