22 Joe Pye TrailHighlandsNC28741
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 Highlands at 22 Joe Pye Trail, Highlands, NC, 28741 listed at $765,000 pairs $3,209/mo rent with a $3,744/mo payment. Total monthly income runs $3,209/mo. Return on cash invested measures 13.13% in year one, and rental yield registers 5.03% at a $765,000 basis. Equity gained on principal adds $4,936/yr, and annual property appreciation at 5% supports $211,355 by year five. Five-year ROI tracks 66.33% and total cumulative return in cash totals $166,955. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,209/mo property income relative to a $3,744/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
2,613 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Bynum • Berkshire Hathaway HomeServices Meadows Mountain Realty - HF
Mls Name: HCMLS
Mls ID: #1001884