246 C. Harrison Hall RoadLake 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 246 C. Harrison Hall Road, Lake Toxaway, NC, 28747 at $135,000 posts ROI 58.79% with $1,450/mo cash flow from $2,273/mo rent. Total monthly income equals $2,273/mo, and annual cash flow records $17,400/yr on $44,753 to close. Return on cash invested measures 58.79% and rental yield reads 20.2% at the current $135,000. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 by year five. Five-year ROI prints 311.21% and total cumulative return in cash totals $139,273.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,273/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Lot
Built in N/A
3.13 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: Marsha Bricker • LANDMARK REALTY GROUP, LLC - BG
Mls Name: HCMLS
Mls ID: #105889
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.