231 Luftee Hills RdWhittierNC28789
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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 Whittier at 231 Luftee Hills Rd, Whittier, NC, 28789 offers a 9.05% rental yield on a $390,000 purchase with $2,940/mo rent. Total monthly income registers $2,940/mo, and a $1,909/mo payment leaves $563/mo available for distribution. Annual cash flow reaches $6,756/yr on $129,285 to close, and return on cash invested stands at 25.13% in year one. Equity gained on principal adds $2,517/yr while 5% annual appreciation supports $107,750 over five years. Portfolio math shows five-year ROI at 130.73% and total cumulative return in cash at $169,016. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,940/mo property income against a $1,909/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28789, Whittier, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,801 (100%) |
| Owner Occupied HU | 1,973 (51.9%) |
| Renter Occupied HU | 663 (17.4%) |
| Vacant Housing Units | 1,165 (30.6%) |
| Median Home Value | $279,014 |
| Average Home Value | $359,721 |
Housing Distribution
Address Breakdown
Residential
2,496
Single Family
2,496
Multi-Family
0
Businesses
133
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Listed by: Jennifer Bartlett • Re/Max Awenasa Realty - Sylva
Mls Name: Carolina Smokies MLS
Mls ID: #26041976