197 Highland Golf Dr, Flat Rock, NC, 28731 | 5.78% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
1452 sft

830 Highway 14 W, Landrum, SC, 29356

2 Bed
2 Bath
1498 sft

398 Normcol Dr, Pisgah Forest, NC, 28768

4 Bed
4 Bath
4300 sft

146 Glassy Falls Trl, Travelers Rest, SC, 29690

2 Bed
2 Bath
1318 sft

100 Creeks End Cir, Mills River, NC, 28759

Nearby investment properties with comparable prices

3 Bed
2 Bath
1324 sft

178 Rowe Ct, Hendersonville, NC, 28792

3 Bed
2 Bath
- sft

1756 Happy Acres Rd, Brevard, NC, 28712

3 Bed
3 Bath
2084 sft

2 Muirfield Ct, Arden, NC, 28704

3 Bed
4 Bath
1701 sft

6 Brook Forest Dr, Arden, NC, 28704

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $2,603/mo, and a $2,643/mo payment. Purchase price stands at $540,000, and rental yield measures 5.78% with $2,603/mo rent. Return on cash invested shows 15.41% in year one, and 5% annual appreciation builds toward $149,192 over five years. Five-year ROI reaches 78.56% and total cumulative return in cash records $139,574. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,603/mo property income covering a $2,643/mo payment rather than investor’s personal income.

Single Family

Built in 2002

0.15 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 28731, Flat Rock, NC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,837 (100%)
Owner Occupied HU	3,286 (67.9%)
Renter Occupied HU	759 (15.7%)
Vacant Housing Units	792 (16.4%)
Median Home Value	$426,195
Average Home Value	$467,902