938 Shepherds Gap RdCullowheeNC28723
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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 Cullowhee at 938 Shepherds Gap Rd, Cullowhee, NC, 28723 at $1,895,000 posts ROI 4.54% with from $3,449/mo rent. Total monthly income equals $3,449/mo. Return on cash invested measures 4.54% and rental yield reads 2.18% at the current $1,895,000. Equity gained on principal adds $12,228/yr, and 5% annual appreciation supports $523,554 by year five. Five-year ROI prints 20.19% and total cumulative return in cash totals $123,965. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,449/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2017
1.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28723, Cullowhee, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,918 (100%) |
| Owner Occupied HU | 1,822 (30.8%) |
| Renter Occupied HU | 2,173 (36.7%) |
| Vacant Housing Units | 1,923 (32.5%) |
| Median Home Value | $371,691 |
| Average Home Value | $541,180 |
Housing Distribution
Address Breakdown
Residential
4,394
Single Family
4,382
Multi-Family
12
Businesses
129
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Listed by: Marta Montana Wakefield • Wakefield Real Estate, Inc.
Mls Name: Carolina Smokies MLS
Mls ID: #26042968