214 Shelby CircleHighlandsNC28741
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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 Highlands at 214 Shelby Circle, Highlands, NC, 28741 at $860,000 posts ROI 12.92% with from $3,678/mo rent. Total monthly income equals $3,678/mo. Return on cash invested measures 12.92% and rental yield reads 5.13% at the current $860,000. Equity gained on principal adds $5,549/yr, and 5% annual appreciation supports $237,602 by year five. Five-year ROI prints 65.4% and total cumulative return in cash totals $185,033. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,678/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1985
0.33 Acres lot
$N/A/sqft
$360 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28741, Highlands, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,339 (100%) |
| Owner Occupied HU | 1,493 (23.6%) |
| Renter Occupied HU | 393 ( 6.2%) |
| Vacant Housing Units | 4,453 (70.2%) |
| Median Home Value | $635,060 |
| Average Home Value | $737,612 |
Housing Distribution
Address Breakdown
Residential
3,186
Single Family
2,789
Multi-Family
397
Businesses
416
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Nearby investment properties with comparable prices
Listed by: Kara Hardy • Berkshire Hathaway HomeServices Meadows Mountain Realty - CA
Mls Name: HCMLS
Mls ID: #1000059
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.