221 Country Club Estates DriveSapphireNC28774
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
Rental property for sale in Sapphire at 221 Country Club Estates Drive, Sapphire, NC, 28774 priced at $998,500 converts $4,522/mo rent into after a $4,887/mo obligation. Total monthly income equals $4,522/mo. Return on cash invested prints 14.35% in year one, and rental yield reads 5.43% against a $998,500 entry. Equity gained on principal adds $6,443/yr, while 5% annual appreciation compiles into $275,867 by year five. Five-year ROI reaches 72.87% and total cumulative return in cash sums $239,377. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,522/mo property income covering a $4,887/mo payment, not borrower’s personal income.
Single Family
Built in 1989
0.82 Acres 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: Bambi Famous Kaine • Silver Creek Real Estate Group, Inc.
Mls Name: HCMLS
Mls ID: #1002153