1812 Cherokee TraceCashiersNC28717
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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 1812 Cherokee Trace, Cashiers, NC, 28717 earns from $7,632/mo rent with a $9,544/mo payment. Total monthly income totals $7,632/mo. ROI tracks 12.29% on current figures, and rental yield reads 4.7% at a $1,950,000 purchase. Equity gained on principal adds $12,583/yr, and 5% annual appreciation supports $538,749 over five years. Five-year ROI reaches 61.78% and total cumulative return in cash sums $390,305. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,632/mo property income instead of your personal income.
Single Family
Built in 1992
1.70 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: Jochen Lucke • SILVER CREEK REAL ESTATE GROUP, INC.
Mls Name: HCMLS
Mls ID: #106201
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.