48 Holt Knob RoadHighlandsNC28741
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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 Highlands at 48 Holt Knob Road, Highlands, NC, 28741 priced at $949,000 converts $2,687/mo rent into after a $4,645/mo obligation. Total monthly income equals $2,687/mo. Return on cash invested prints 8.16% in year one, and rental yield reads 3.4% against a $949,000 entry. Equity gained on principal adds $6,124/yr, while 5% annual appreciation compiles into $262,191 by year five. Five-year ROI reaches 39.67% and total cumulative return in cash sums $123,864. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,687/mo property income covering a $4,645/mo payment, not borrower’s personal income.
Single Family
Built in 1966
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28741, Highlands, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,339 (100%) |
| Owner Occupied HU | 1,493 (23.6%) |
| Renter Occupied HU | 393 ( 6.2%) |
| Vacant Housing Units | 4,453 (70.2%) |
| Median Home Value | $635,060 |
| Average Home Value | $737,612 |
Housing Distribution
Address Breakdown
Residential
3,186
Single Family
2,789
Multi-Family
397
Businesses
416
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Listed by: John Muir • Berkshire Hathaway HomeServices Meadows Mountain Realty - HF
Mls Name: HCMLS
Mls ID: #1002162