84 Clubhouse Trail #108HighlandsNC28741
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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 84 Clubhouse Trail #108, Highlands, NC, 28741 uses $154,148 cash to close to unlock $17,148/yr annual cash flow and $1,429/mo monthly cash flow. Total monthly income runs $4,263/mo, and a $2,276/mo payment keeps the spread at $1,429/mo. Purchase price stands at $465,000, and rental yield measures 11% with $4,263/mo rent. Return on cash invested shows 31.03% in year one, and 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 162.36% and total cumulative return in cash records $250,271. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,263/mo property income covering a $2,276/mo payment rather than investor’s personal income.
Condo
Built in 1998
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: Judith Michaud • Berkshire Hathaway HomeServices Meadows Mountain Realty
Mls Name: HCMLS
Mls ID: #105816
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.