9 Lucas LaneHighlandsNC28741
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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 Highlands at 9 Lucas Lane, Highlands, NC, 28741 listed at $1,275,000 pairs $3,829/mo rent with a $6,240/mo payment. Total monthly income runs $3,829/mo. Return on cash invested measures 8.92% in year one, and rental yield registers 3.6% at a $1,275,000 basis. Equity gained on principal adds $8,227/yr, and annual property appreciation at 5% supports $352,259 by year five. Five-year ROI tracks 43.69% and total cumulative return in cash totals $180,494. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,829/mo property income relative to a $6,240/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
0.48 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
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Nearby investment properties with comparable prices
Listed by: Josephine Lovell • Highlands Sotheby's International Realty - DT
Mls Name: HCMLS
Mls ID: #1000321
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.