36 Devils Courthouse ViewCashiersNC28717
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
Rental property for sale in Cashiers at 36 Devils Courthouse View, Cashiers, NC, 28717 generates $7,200/mo in rent, after a $8,321/mo payment. Total monthly income is $7,200/mo. Return on cash invested sits at 13.48% in year one, and rental yield is 5.08% on a $1,700,000 entry. Equity gained on principal adds $10,970/yr, while 5% annual appreciation builds toward $469,679 over five years. Five-year ROI reaches 68.15% and total cumulative return in cash sums $375,391. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,200/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28717, Cashiers, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,286 (100%) |
| Owner Occupied HU | 625 (27.3%) |
| Renter Occupied HU | 143 ( 6.3%) |
| Vacant Housing Units | 1,518 (66.4%) |
| Median Home Value | $531,888 |
| Average Home Value | $750,584 |
Housing Distribution
Address Breakdown
Residential
676
Single Family
603
Multi-Family
73
Businesses
410
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maggie Elmer • Cashiers Sotheby's International Realty
Mls Name: HCMLS
Mls ID: #1001686