16 Arkansas TrlCullowheeNC28723
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
Rental property for sale in Cullowhee at 16 Arkansas Trl, Cullowhee, NC, 28723 priced at $345,000 converts $2,233/mo rent into $130/mo cash flow after a $1,689/mo obligation. Total monthly income equals $2,233/mo, and annual cash flow totals $1,560/yr on $114,368 invested. Return on cash invested prints 21.27% in year one, and rental yield reads 7.77% against a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation compiles into $95,317 by year five. Five-year ROI reaches 110.02% and total cumulative return in cash sums $125,824. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,233/mo property income covering a $1,689/mo payment, not borrower’s personal income.
Single Family
Built in 1986
0.50 Acres lot
$N/A/sqft
No 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: Stefanie Conley • Keller Williams Great Smokies - Sylva
Mls Name: Carolina Smokies MLS
Mls ID: #26040926
Disclaimer: Copyright Carolina Smokies Association of Realtors & MLS. All rights reserved. Information is deemed reliable but not guaranteed.