162 Highview RoadCashiersNC28717
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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 162 Highview Road, Cashiers, NC, 28717 with 5% annual appreciation on a $1,495,000 basis while $3,872/mo rent supports operations. 39% in year one. Equity gained on principal adds $9,647/yr, and five-year appreciation sums $413,041 alongside rental yield of 3.11%. Five-year ROI measures 35.48% and total cumulative return in cash totals $171,877. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,872/mo property income versus a $7,317/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1988
3.50 Acres lot
$N/A/sqft
No 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: Lee Gregory • RE/MAX Summit Properties
Mls Name: HCMLS
Mls ID: #1001709