62 Channel View DriveCullowheeNC28723
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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 Cullowhee at 62 Channel View Drive, Cullowhee, NC, 28723 at $1,674,000 posts ROI 5.88% with from $3,653/mo rent. Total monthly income equals $3,653/mo. Return on cash invested measures 5.88% and rental yield reads 2.62% at the current $1,674,000. Equity gained on principal adds $10,802/yr, and 5% annual appreciation supports $462,495 by year five. Five-year ROI prints 27.39% and total cumulative return in cash totals $148,576. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,653/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2016
1.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28723, Cullowhee, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,918 (100%) |
| Owner Occupied HU | 1,822 (30.8%) |
| Renter Occupied HU | 2,173 (36.7%) |
| Vacant Housing Units | 1,923 (32.5%) |
| Median Home Value | $371,691 |
| Average Home Value | $541,180 |
Housing Distribution
Address Breakdown
Residential
4,394
Single Family
4,382
Multi-Family
12
Businesses
129
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Listed by: Bambi Famous Kaine • Silver Creek Real Estate Group, Inc.
Mls Name: HCMLS
Mls ID: #1002407