49 Hickory LaneHighlandsNC28741
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 49 Hickory Lane, Highlands, NC, 28741 in Highlands worth study. Rental yield 2.58%. The 2.58% gross yield is below cash-flow benchmarks at $1,375,000, but 5% annual appreciation, adding $379,887 over five years, frames this as a capital growth position. Rent of $2,954/mo partially offsets the $6,183/mo payment. Ziffy Mortgage finances appreciation-play properties (0.48 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $147,614.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 2.6% | 6.2% |
| Monthly Cash Flow | $(5,826) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,954 |
| Total Monthly Debt Service | $8,233 |
| DSCR Ratio | 0.36x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1998
7,840 sqft lot
$N/A/sqft
$4,800 annually 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
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
Single Family
Built in 1998
7,840 sqft lot
$N/A/sqft
$4,800 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel Allen • Silver Creek Real Estate Group, Inc.
Mls Name: HCMLS
Mls ID: #1001077
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.