539 Cheney LaneHighlandsNC28741
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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
Investment Highlights
Investment property for sale in Highlands at 539 Cheney Lane, Highlands, NC, 28741 with 5% annual appreciation on a $1,999,999 basis while $1,829/mo rent supports operations. 18% in year one. Equity gained on principal adds $12,906/yr, and five-year appreciation sums $552,563 alongside rental yield of 1.1%. Five-year ROI measures 2.2% and total cumulative return in cash totals $14,275. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,829/mo property income versus a $9,789/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
13.15 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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Nearby investment properties with comparable prices
Listed by: Spencer Kirkpatrick • Highlands Sotheby's International Realty - DT
Mls Name: HCMLS
Mls ID: #1001330
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.