65 Racquet Club DriveCashiersNC28717
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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 Cashiers at 65 Racquet Club Drive, Cashiers, NC, 28717 with 5% annual appreciation on a $830,000 basis while $2,813/mo rent supports operations. 43% in year one. Equity gained on principal adds $5,356/yr, and five-year appreciation sums $229,314 alongside rental yield of 4.07%. Five-year ROI measures 46.73% and total cumulative return in cash totals $127,614. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,813/mo property income versus a $4,062/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1985
0.55 Acres lot
$N/A/sqft
$2,100 annually 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: Rob Whitney • Cashiers Sotheby's International Realty
Mls Name: HCMLS
Mls ID: #1000763
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.