577 Paul McCoy RdLake ToxawayNC28747
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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 Lake Toxaway at 577 Paul McCoy Rd, Lake Toxaway, NC, 28747 earns $196/mo cash flow from $921/mo rent with a $582/mo payment. Total monthly income totals $921/mo, and annual cash flow totals $2,354/yr on $39,449 capital. ROI tracks 25.88% on current figures, and rental yield reads 9.29% at a $119,000 purchase. Equity gained on principal adds $768/yr, and 5% annual appreciation supports $32,878 over five years. Five-year ROI reaches 134.83% and total cumulative return in cash sums $53,189. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $921/mo property income instead of your personal income.
Single Family
Built in 1917
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28747, Lake Toxaway, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,046 (100%) |
| Owner Occupied HU | 774 (37.8%) |
| Renter Occupied HU | 147 ( 7.2%) |
| Vacant Housing Units | 1,125 (55.0%) |
| Median Home Value | $388,136 |
| Average Home Value | $518,236 |
Housing Distribution
Address Breakdown
Residential
1,480
Single Family
1,479
Multi-Family
1
Businesses
73
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Listed by: Kyle Mckim (MLS Only) • Weichert, Realtors - Highlands Properties (Mls Only)
Mls Name: Carolina Smokies MLS
Mls ID: #26042322