97 Casper DrCullowheeNC28723
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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 97 Casper Dr, Cullowhee, NC, 28723 uses $62,654 cash to close to unlock $3,266/yr annual cash flow and $272/mo monthly cash flow. Total monthly income runs $1,424/mo, and a $925/mo payment keeps the spread at $272/mo. Purchase price stands at $189,000, and rental yield measures 9.04% with $1,424/mo rent. Return on cash invested shows 25.12% in year one, and 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 130.74% and total cumulative return in cash records $81,910. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,424/mo property income covering a $925/mo payment rather than investor’s personal income.
Single Family
Built in 2012
2.78 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: Renee Stillwell • Keller Williams Great Smokies - Sylva
Mls Name: Carolina Smokies MLS
Mls ID: #26038112
Disclaimer: Copyright Carolina Smokies Association of Realtors & MLS. All rights reserved. Information is deemed reliable but not guaranteed.