242 Club Colony LnLake ToxawayNC28747
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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 Lake Toxaway at 242 Club Colony Ln, Lake Toxaway, NC, 28747 at $875,000 posts ROI 12.53% with from $3,526/mo rent. Total monthly income equals $3,526/mo. Return on cash invested measures 12.53% and rental yield reads 4.84% at the current $875,000. Equity gained on principal adds $5,646/yr, and 5% annual appreciation supports $241,746 by year five. Five-year ROI prints 63.09% and total cumulative return in cash totals $181,619. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,526/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1992
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28747, Lake Toxaway, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,046 (100%) |
| Owner Occupied HU | 774 (37.8%) |
| Renter Occupied HU | 147 ( 7.2%) |
| Vacant Housing Units | 1,125 (55.0%) |
| Median Home Value | $388,136 |
| Average Home Value | $518,236 |
Housing Distribution
Address Breakdown
Residential
1,480
Single Family
1,479
Multi-Family
1
Businesses
73
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Listed by: Ross Hyett • Lake Toxaway Co.
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4298749