23 Dwarf Mountain Rd #28SapphireNC28774
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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 Sapphire at 23 Dwarf Mountain Rd #28, Sapphire, NC, 28774 with 5% annual appreciation on a $425,000 basis while $2,873/mo rent supports operations. 24% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,420 alongside rental yield of 8.11%. Five-year ROI measures 95.28% and total cumulative return in cash totals $134,237. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,873/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1984
871.20 sqft lot
$N/A/sqft
$5,745 annually 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
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Listed by: Angela Longgood • Berkshire Hathaway HomeServices Meadows Mountain Realty - CA
Mls Name: HCMLS
Mls ID: #1000613
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.