94 Tuttle WayLake 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 94 Tuttle Way, Lake Toxaway, NC, 28747 earns from $3,864/mo rent with a $9,765/mo payment. Total monthly income totals $3,864/mo. ROI tracks 4.97% on current figures, and rental yield reads 2.32% at a $1,995,000 purchase. Equity gained on principal adds $12,873/yr, and 5% annual appreciation supports $551,182 over five years. Five-year ROI reaches 22.5% and total cumulative return in cash sums $145,449. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,864/mo property income instead of your personal income.
Single Family
Built in 2006
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: Kathryn Balistreri • BALISTRERI REALTY
Mls Name: HCMLS
Mls ID: #104546
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.