85 S Fork TrlLake ToxawayNC28747
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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
Investment property for sale in Lake Toxaway at 85 S Fork Trl, Lake Toxaway, NC, 28747 uses $206,119 cash to close to unlock $1,154/yr annual cash flow and $96/mo monthly cash flow. Total monthly income runs $3,914/mo, and a $3,066/mo payment keeps the spread at $96/mo. Purchase price stands at $626,500, and rental yield measures 7.5% with $3,914/mo rent. Return on cash invested shows 20.62% in year one, and 5% annual appreciation builds toward $173,090 over five years. Five-year ROI reaches 106.51% and total cumulative return in cash records $219,544. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,914/mo property income covering a $3,066/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28747, Lake Toxaway, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,046 (100%) |
| Owner Occupied HU | 774 (37.8%) |
| Renter Occupied HU | 147 ( 7.2%) |
| Vacant Housing Units | 1,125 (55.0%) |
| Median Home Value | $388,136 |
| Average Home Value | $518,236 |
Housing Distribution
Address Breakdown
Residential
1,480
Single Family
1,479
Multi-Family
1
Businesses
73
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A