73 Cherokee LnRobbinsvilleNC28771
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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
Rental property for sale in Robbinsville at 73 Cherokee Ln, Robbinsville, NC, 28771 priced at $649,900 converts $2,426/mo rent into after a $3,181/mo obligation. Total monthly income equals $2,426/mo. Return on cash invested prints 11.45% in year one, and rental yield reads 4.48% against a $649,900 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation compiles into $179,555 by year five. Five-year ROI reaches 57.32% and total cumulative return in cash sums $122,562. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,426/mo property income covering a $3,181/mo payment, not borrower’s personal income.
Single Family
Built in 2023
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28771, Robbinsville, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,763 (100%) |
| Owner Occupied HU | 2,586 (54.3%) |
| Renter Occupied HU | 540 (11.3%) |
| Vacant Housing Units | 1,637 (34.4%) |
| Median Home Value | $171,534 |
| Average Home Value | $213,803 |
Housing Distribution
Address Breakdown
Residential
3,158
Single Family
3,105
Multi-Family
53
Businesses
272
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Listed by: Angelica Kirkpatrick • Makin' Dreams Happen Realty Group
Mls Name: NGBOR
Mls ID: #416919
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.