19 Indian Falls WayLake ToxawayNC28747
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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
Total monthly income runs $3,211/mo, and a $3,402/mo payment. Purchase price stands at $695,000, and rental yield measures 5.54% with $3,211/mo rent. Return on cash invested shows 14.68% in year one, and 5% annual appreciation builds toward $192,016 over five years. Five-year ROI reaches 74.64% and total cumulative return in cash records $170,670. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,211/mo property income covering a $3,402/mo payment rather than investor’s personal income.
Single Family
Built in 1988
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28747, Lake Toxaway, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,046 (100%) |
| Owner Occupied HU | 774 (37.8%) |
| Renter Occupied HU | 147 ( 7.2%) |
| Vacant Housing Units | 1,125 (55.0%) |
| Median Home Value | $388,136 |
| Average Home Value | $518,236 |
Housing Distribution
Address Breakdown
Residential
1,480
Single Family
1,479
Multi-Family
1
Businesses
73
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Listed by: Michael Fine • FINE LUXURY PROPERTIES
Mls Name: HCMLS
Mls ID: #104634
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.