291 Upper Whitewater RoadSapphireNC28774
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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
Rental property for sale in Sapphire at 291 Upper Whitewater Road, Sapphire, NC, 28774 generates $5,232/mo in rent and, after a $3,500/mo payment, leaves $674/mo in cash flow. Total monthly income is $5,232/mo, and annual cash flow is $8,088/yr on $235,235 invested. Return on cash invested sits at 23.5% in year one, and rental yield is 8.78% on a $715,000 entry. Equity gained on principal adds $4,614/yr, while 5% annual appreciation builds toward $197,541 over five years. Five-year ROI reaches 122.3% and total cumulative return in cash sums $287,685. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,232/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
0.87 Acres lot
$N/A/sqft
$2,400 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: Sarah Jennings • Cashiers Valley Real Estate LLC
Mls Name: HCMLS
Mls ID: #1001191
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.