582 Nantahala ShrsToptonNC28781
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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
Total monthly income runs $3,074/mo, and a $5,751/mo payment. Purchase price stands at $1,175,000, and rental yield measures 3.14% with $3,074/mo rent. Return on cash invested shows 7.09% in year one, and 5% annual appreciation builds toward $324,631 over five years. Five-year ROI reaches 34.03% and total cumulative return in cash records $129,550. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,074/mo property income covering a $5,751/mo payment rather than investor’s personal income.
Single Family
Built in 2003
0.41 Acres lot
$N/A/sqft
$1,500 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28781, Topton, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,008 (100%) |
| Owner Occupied HU | 313 (31.1%) |
| Renter Occupied HU | 63 ( 6.2%) |
| Vacant Housing Units | 632 (62.7%) |
| Median Home Value | $316,071 |
| Average Home Value | $356,669 |
Housing Distribution
Address Breakdown
Residential
671
Single Family
611
Multi-Family
60
Businesses
28
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Listed by: Gayle Horton • Nantahala Real Estate
Mls Name: Mountain Lakes BOR
Mls Provider:
Mls ID: #150156
Disclaimer: Copyright Mountain Lakes Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.