701 Highlands Mountain Club Drive #701HighlandsNC28741
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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 Highlands at 701 Highlands Mountain Club Drive #701, Highlands, NC, 28741 earns from $2,434/mo rent with a $2,663/mo payment. Total monthly income totals $2,434/mo. ROI tracks 10.6% on current figures, and rental yield reads 5.37% at a $544,000 purchase. Equity gained on principal adds $3,510/yr, and 5% annual appreciation supports $150,297 over five years. Five-year ROI reaches 54.04% and total cumulative return in cash sums $96,718. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,434/mo property income instead of your personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
$6,356 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28741, Highlands, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,339 (100%) |
| Owner Occupied HU | 1,493 (23.6%) |
| Renter Occupied HU | 393 ( 6.2%) |
| Vacant Housing Units | 4,453 (70.2%) |
| Median Home Value | $635,060 |
| Average Home Value | $737,612 |
Housing Distribution
Address Breakdown
Residential
3,186
Single Family
2,789
Multi-Family
397
Businesses
416
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Nearby investment properties with comparable prices
Listed by: Karen Armor • Country Club Properties
Mls Name: HCMLS
Mls ID: #1001350
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.