165 Hawks Nest Lane Unit 5, Highlands, NC, 28741 | $3,405/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Highlands at 165 Hawks Nest Lane Unit 5, Highlands, NC, 28741 offers $4,799/mo rent that, after a $979/mo payment, leaves $3,405/mo cash flow. Total monthly income is $4,799/mo, and annual cash flow is $40,860/yr on $66,300 cash. Return on cash invested measures 81.54% in year one, and rental yield stands at 28.79% at a $200,000 entry. Equity gained on principal adds $1,291/yr while 5% annual appreciation compounds into $55,256 by year five. Five-year ROI records 434.35% and total cumulative return in cash reaches $287,972. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,799/mo property income versus a $979/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Condo

Built in 1978

435.60 sqft lot

$N/A/sqft

$2,100 annually HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 28741, Highlands, NC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,339 (100%)
Owner Occupied HU	1,493 (23.6%)
Renter Occupied HU	393 ( 6.2%)
Vacant Housing Units	4,453 (70.2%)
Median Home Value	$635,060
Average Home Value	$737,612