492 Bull Pen RoadCashiersNC28717
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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 Cashiers at 492 Bull Pen Road, Cashiers, NC, 28717 offers $3,169/mo rent that, after a $2,932/mo payment. Total monthly income is $3,169/mo. Return on cash invested measures 17.13% in year one, and rental yield stands at 6.35% at a $599,000 entry. Equity gained on principal adds $3,865/yr while 5% annual appreciation compounds into $165,493 by year five. Five-year ROI records 87.79% and total cumulative return in cash reaches $173,002. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,169/mo property income versus a $2,932/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
1.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28717, Cashiers, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,286 (100%) |
| Owner Occupied HU | 625 (27.3%) |
| Renter Occupied HU | 143 ( 6.3%) |
| Vacant Housing Units | 1,518 (66.4%) |
| Median Home Value | $531,888 |
| Average Home Value | $750,584 |
Housing Distribution
Address Breakdown
Residential
676
Single Family
603
Multi-Family
73
Businesses
410
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Listed by: Kati Miller • CALIBER FINE PROPERTIES
Mls Name: HCMLS
Mls ID: #105819
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.