17 W Village WaySAPPHIRENC28774
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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
Rental property for sale in SAPPHIRE at 17 W Village Way, SAPPHIRE, NC, 28774 priced at $369,000 pairs $2,807/mo rent with $558/mo cash flow after a $1,806/mo payment. Total monthly income equals $2,807/mo, and annual cash flow comes to $6,698/yr on $122,324 invested. Return on cash invested is 25.38% in year one, and rental yield stands at 9.13% on a $369,000 basis. Equity gained on principal adds $2,381/yr, and 5% annual appreciation accumulates to $101,948 by year five. Five-year ROI measures 132.1% and total cumulative return in cash reaches $161,595. For financing, Ziffy Mortgage’s DSCR program evaluates $2,807/mo property income against a $1,806/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
0.29 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
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Listed by: Ken Fernandez • ALLEN TATE - SAPPHIRE
Mls Name: HCMLS
Mls ID: #1000563
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.