85 Fallen Leaf LaneHighlandsNC28741
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $4,614/mo, and a $4,160/mo payment. Purchase price stands at $850,000, and rental yield measures 6.51% with $4,614/mo rent. Return on cash invested shows 17.63% in year one, and 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 90.46% and total cumulative return in cash records $252,982. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,614/mo property income covering a $4,160/mo payment rather than investor’s personal income.
Single Family
Built in 1998
1.02 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cristina Vives • Berkshire Hathaway HomeServices Meadows Mountain Realty
Mls Name: HCMLS
Mls ID: #1001570