581 Highland Hills RoadNewlandNC28657
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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 Newland at 581 Highland Hills Road, Newland, NC, 28657 at $219,600 posts ROI 18.65% with from $1,550/mo rent. Total monthly income equals $1,550/mo. Return on cash invested measures 18.65% and rental yield reads 8.47% at the current $219,600. Equity gained on principal adds $1,417/yr, and 5% annual appreciation supports $60,671 by year five. Five-year ROI prints 97.71% and total cumulative return in cash totals $71,130. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,550/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2020
7,840 sqft lot
$N/A/sqft
$3,456 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28657, Newland, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,763 (100%) |
| Owner Occupied HU | 3,396 (50.2%) |
| Renter Occupied HU | 825 (12.2%) |
| Vacant Housing Units | 2,542 (37.6%) |
| Median Home Value | $293,074 |
| Average Home Value | $385,331 |
Housing Distribution
Address Breakdown
Residential
4,428
Single Family
4,396
Multi-Family
32
Businesses
356
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Listed by: Shelley Pierce • Mountain Run Properties
Mls Name: High Country AOR
Mls Provider:
Mls ID: #254932
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.