314 Eagle Ridge 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 314 Eagle Ridge Road, Sapphire, NC, 28774 generates $3,372/mo in rent, after a $6,192/mo payment. Total monthly income is $3,372/mo. Return on cash invested sits at 7.15% in year one, and rental yield is 3.2% on a $1,265,000 entry. Equity gained on principal adds $8,163/yr, while 5% annual appreciation builds toward $349,496 over five years. Five-year ROI reaches 34.38% and total cumulative return in cash sums $140,923. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,372/mo property income rather than buyer’s personal income.
Single Family
Built in 2010
0.62 Acres lot
$N/A/sqft
$2,134 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: #1001519
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.