31 Chestnut Hill Rd.HighlandsNC28741
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Highlands at 31 Chestnut Hill Rd, Highlands, NC, 28741 earns $223/mo cash flow from $4,093/mo rent with a $3,108/mo payment. Total monthly income totals $4,093/mo, and annual cash flow totals $2,676/yr on $208,915 capital. ROI tracks 21.34% on current figures, and rental yield reads 7.73% at a $635,000 purchase. Equity gained on principal adds $4,098/yr, and 5% annual appreciation supports $175,439 over five years. Five-year ROI reaches 110.36% and total cumulative return in cash sums $230,552. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,093/mo property income instead of your personal income.
Single Family
Built in 1999
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28741, Highlands, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,339 (100%) |
| Owner Occupied HU | 1,493 (23.6%) |
| Renter Occupied HU | 393 ( 6.2%) |
| Vacant Housing Units | 4,453 (70.2%) |
| Median Home Value | $635,060 |
| Average Home Value | $737,612 |
Housing Distribution
Address Breakdown
Residential
3,186
Single Family
2,789
Multi-Family
397
Businesses
416
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Nearby investment properties with comparable prices
Listed by: Judith Michaud • Berkshire Hathaway HomeServices Meadows Mountain Realty
Mls Name: HCMLS
Mls ID: #106060
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.