973 Highgate RoadHighlandsNC28741
Nearby investment properties with comparable rents
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 973 Highgate Road, Highlands, NC, 28741 listed at $1,395,000 pairs $4,673/mo rent with a $6,828/mo payment. Total monthly income runs $4,673/mo. Return on cash invested measures 9.61% in year one, and rental yield registers 4.02% at a $1,395,000 basis. Equity gained on principal adds $9,002/yr, and annual property appreciation at 5% supports $385,413 by year five. Five-year ROI tracks 47.58% and total cumulative return in cash totals $215,062. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,673/mo property income relative to a $6,828/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
0.92 Acres lot
$N/A/sqft
$2,700 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Molly Leonard • Highlands Sotheby's International Realty - DT
Mls Name: HCMLS
Mls ID: #1001818
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.