177 Forest TrailHighlandsNC28741
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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
Investment property for sale in Highlands at 177 Forest Trail, Highlands, NC, 28741 uses $287,875 cash to close to unlock $11,932/yr annual cash flow and $994/mo monthly cash flow. Total monthly income runs $6,494/mo, and a $4,283/mo payment keeps the spread at $994/mo. Purchase price stands at $875,000, and rental yield measures 8.91% with $6,494/mo rent. Return on cash invested shows 24.21% in year one, and 5% annual appreciation builds toward $241,746 over five years. Five-year ROI reaches 125.98% and total cumulative return in cash records $362,663. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,494/mo property income covering a $4,283/mo payment rather than investor’s personal income.
Single Family
Built in 1985
0.89 Acres lot
$N/A/sqft
$2,000 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 |
Housing Distribution
Address Breakdown
Residential
3,186
Single Family
2,789
Multi-Family
397
Businesses
416
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Nearby investment properties with comparable prices
Listed by: Faye Wurm • Berkshire Hathaway HomeServices Meadows Mountain Realty - HF
Mls Name: HCMLS
Mls ID: #104508
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.