500 Walkingstick 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
Investment property for sale in Highlands at 500 Walkingstick Road, Highlands, NC, 28741 with 5% annual appreciation on a $699,000 basis while $4,363/mo rent supports operations. Total monthly income totals $4,363/mo and a $3,421/mo payment preserves $103/mo for cash returns. Annual cash flow comes to $1,238/yr on $229,971 deployed, and return on cash invested reaches 20.6% in year one. Equity gained on principal adds $4,511/yr, and five-year appreciation sums $193,121 alongside rental yield of 7.49%. Five-year ROI measures 106.4% and total cumulative return in cash totals $244,682.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,363/mo property income versus a $3,421/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
1 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: Sarah Strawn • Keller Williams Great Smokies
Mls Name: HCMLS
Mls ID: #1001214