37-6A Dogwood Knob Lane #ASapphireNC28774
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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
Total monthly income runs $2,032/mo, and a $1,118/mo payment. Purchase price stands at $228,500, and rental yield measures 10.67% with $2,032/mo rent. Return on cash invested shows 17.66% in year one, and 5% annual appreciation builds toward $63,130 over five years. Five-year ROI reaches 95.22% and total cumulative return in cash records $72,124. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,032/mo property income covering a $1,118/mo payment rather than investor’s personal income.
Condo
Built in 1971
1,306 sqft lot
$N/A/sqft
$9,381 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: Elizabeth Paul • BETSY PAUL PROPERTIES, INC.
Mls Name: HCMLS
Mls ID: #1000217
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.