648 Suntrace CirCullowheeNC28723
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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 648 Suntrace Cir, Cullowhee, NC, 28723 earns $1,252/mo cash flow from $6,000/mo rent with a $3,813/mo payment. Total monthly income totals $6,000/mo, and annual cash flow totals $15,026/yr on $256,291 capital. ROI tracks 25.92% on current figures, and rental yield reads 9.24% at a $779,000 purchase. Equity gained on principal adds $5,027/yr, and 5% annual appreciation supports $215,223 over five years. Five-year ROI reaches 134.94% and total cumulative return in cash sums $345,842. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,000/mo property income instead of your personal income.
Single Family
Built in 2007
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: Marti Walker • Howard Hanna Beverly-Hanks Waynesville
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4305894