420 Gold Creek RoadSapphireNC28774
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 Sapphire at 420 Gold Creek Road, Sapphire, NC, 28774 at $825,000 posts ROI 30.07% with $2,264/mo cash flow from $7,292/mo rent. Total monthly income equals $7,292/mo, and annual cash flow records $27,168/yr on $271,425 to close. Return on cash invested measures 30.07% and rental yield reads 10.61% at the current $825,000. Equity gained on principal adds $5,324/yr, and 5% annual appreciation supports $227,932 by year five. Five-year ROI prints 157.16% and total cumulative return in cash totals $426,573.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,292/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1991
2.43 Acres lot
$N/A/sqft
No 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: Jochen Lucke • SILVER CREEK REAL ESTATE GROUP, INC.
Mls Name: HCMLS
Mls ID: #104494
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.