36 Heavens Gate LnCullowheeNC28736
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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 Cullowhee at 36 Heavens Gate Ln, Cullowhee, NC, 28736 offers a 6.83% rental yield on a $655,000 purchase with $3,730/mo rent. 6% in year one. Equity gained on principal adds $4,227/yr while 5% annual appreciation supports $180,964 over five years. Portfolio math shows five-year ROI at 95.67% and total cumulative return in cash at $206,159. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,730/mo property income against a $3,206/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28736, Glenville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,223 (100%) |
| Owner Occupied HU | 355 (29.0%) |
| Renter Occupied HU | 100 ( 8.2%) |
| Vacant Housing Units | 768 (62.8%) |
| Median Home Value | $439,063 |
| Average Home Value | $540,718 |
Housing Distribution
Address Breakdown
Residential
413
Single Family
413
Multi-Family
0
Businesses
52
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Listed by: Daniel O'connell • Exp Realty, LLC (Mls Only)
Mls Name: Carolina Smokies MLS
Mls ID: #26042886