20 Chatterbox Way #8-ASapphireNC28774
Nearby investment properties with comparable rents
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 Sapphire at 20 Chatterbox Way #8-A, Sapphire, NC, 28774 with 5% annual appreciation on a $299,000 basis while $2,145/mo rent supports operations. Total monthly income totals $2,145/mo and a $1,463/mo payment preserves $323/mo for cash returns. Annual cash flow comes to $3,878/yr on $99,119 deployed, and return on cash invested reaches 23.82% in year one. Equity gained on principal adds $1,929/yr, and five-year appreciation sums $82,608 alongside rental yield of 8.61%. Five-year ROI measures 123.73% and total cumulative return in cash totals $122,638.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,145/mo property income versus a $1,463/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28774, Sapphire, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,009 (100%) |
| Owner Occupied HU | 701 (23.3%) |
| Renter Occupied HU | 144 ( 4.8%) |
| Vacant Housing Units | 2,164 (71.9%) |
| Median Home Value | $576,754 |
| Average Home Value | $680,036 |
Housing Distribution
Address Breakdown
Residential
1,304
Single Family
1,304
Multi-Family
0
Businesses
65
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ken Fernandez • ALLEN TATE - SAPPHIRE
Mls Name: HCMLS
Mls ID: #104036
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.