60 Glassy ViewCashiersNC28717
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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 $1,829/mo, and a $3,304/mo payment. Purchase price stands at $675,000, and rental yield measures 3.25% with $1,829/mo rent. Return on cash invested shows 7.71% in year one, and 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 37.28% and total cumulative return in cash records $82,779. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,829/mo property income covering a $3,304/mo payment rather than investor’s personal income.
Single Family
Built in 2003
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28717, Cashiers, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,286 (100%) |
| Owner Occupied HU | 625 (27.3%) |
| Renter Occupied HU | 143 ( 6.3%) |
| Vacant Housing Units | 1,518 (66.4%) |
| Median Home Value | $531,888 |
| Average Home Value | $750,584 |
Housing Distribution
Address Breakdown
Residential
676
Single Family
603
Multi-Family
73
Businesses
410
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Listed by: Sara Ferguson • Cashiers Valley Real Estate LLC
Mls Name: HCMLS
Mls ID: #1001005
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.