8 Highland Hill Ln #VH003Flat RockNC28731
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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 Flat Rock at 8 Highland Hill Ln #VH003, Flat Rock, NC, 28731 earns $282/mo cash flow from $1,318/mo rent with a $832/mo payment. Total monthly income totals $1,318/mo, and annual cash flow totals $3,384/yr on $56,355 capital. ROI tracks 25.91% on current figures, and rental yield reads 9.3% at a $170,000 purchase. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 over five years. Five-year ROI reaches 134.89% and total cumulative return in cash sums $76,017. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,318/mo property income instead of your personal income.
Manufactured
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28731, Flat Rock, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,837 (100%) |
| Owner Occupied HU | 3,286 (67.9%) |
| Renter Occupied HU | 759 (15.7%) |
| Vacant Housing Units | 792 (16.4%) |
| Median Home Value | $426,195 |
| Average Home Value | $467,902 |
Housing Distribution
Address Breakdown
Residential
4,517
Single Family
4,376
Multi-Family
141
Businesses
351
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Listed by: Carolane Krzywiecki • Simple Life Communities
Mls Name: My State MLS
Mls ID: #11613609