75B Burning Bush Lane #BHighlandsNC28741
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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 75B Burning Bush Lane #B, Highlands, NC, 28741 at $1,295,000 posts ROI 11.37% with from $4,746/mo rent. Total monthly income equals $4,746/mo. Return on cash invested measures 11.37% and rental yield reads 4.4% at the current $1,295,000. Equity gained on principal adds $8,356/yr, and 5% annual appreciation supports $357,785 by year five. Five-year ROI prints 56.83% and total cumulative return in cash totals $238,458. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,746/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2002
N/A lot
$N/A/sqft
No 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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Listed by: Letty Murphy • Highlands Cove Realty at Old Edwards Club
Mls Name: HCMLS
Mls ID: #104505
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.