20-403 Skyview Trail #403CullowheeNC28723
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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 Cullowhee at 20-403 Skyview Trail #403, Cullowhee, NC, 28723 listed at $1,250,000 pairs $3,263/mo rent with a $6,118/mo payment. Total monthly income runs $3,263/mo. Return on cash invested measures 7.47% in year one, and rental yield registers 3.13% at a $1,250,000 basis. Equity gained on principal adds $8,066/yr, and annual property appreciation at 5% supports $345,352 by year five. Five-year ROI tracks 35.88% and total cumulative return in cash totals $145,333. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,263/mo property income relative to a $6,118/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2006
4,356 sqft 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: Susan Mills • KELLER WILLIAMS GREAT SMOKIES
Mls Name: HCMLS
Mls ID: #1000640
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.