46 Cypress PointWhittierNC28789
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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 Whittier at 46 Cypress Point, Whittier, NC, 28789 priced at $445,000 converts $2,432/mo rent into after a $2,178/mo obligation. Total monthly income equals $2,432/mo. Return on cash invested prints 17.63% in year one, and rental yield reads 6.56% against a $445,000 entry. Equity gained on principal adds $2,872/yr, while 5% annual appreciation compiles into $122,945 by year five. Five-year ROI reaches 90.49% and total cumulative return in cash sums $133,484. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,432/mo property income covering a $2,178/mo payment, not borrower’s personal income.
Townhouse
Built in 2023
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28789, Whittier, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,801 (100%) |
| Owner Occupied HU | 1,973 (51.9%) |
| Renter Occupied HU | 663 (17.4%) |
| Vacant Housing Units | 1,165 (30.6%) |
| Median Home Value | $279,014 |
| Average Home Value | $359,721 |
Housing Distribution
Address Breakdown
Residential
2,496
Single Family
2,496
Multi-Family
0
Businesses
133
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Listed by: Raymond C, Ruais, Jr. • Bryson City Realty Group, LLC
Mls Name: Carolina Smokies MLS
Mls ID: #26042183