1783 W. Cliff RoadCullowheeNC28723
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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 Cullowhee at 1783 W. Total monthly income runs $2,772/mo, and a $6,852/mo payment. Purchase price stands at $1,400,000, and rental yield measures 2.38% with $2,772/mo rent. Return on cash invested shows 5.13% in year one, and 5% annual appreciation builds toward $386,794 over five years. Five-year ROI reaches 23.37% and total cumulative return in cash records $105,991. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,772/mo property income covering a $6,852/mo payment rather than investor’s personal income.
Single Family
Built in 2004
4.88 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: Bernie Gilchrist • Sundog Realty
Mls Name: HCMLS
Mls ID: #1001603