L-8 Silver Springs RoadCashiersNC28717
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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 Cashiers at L-8 Silver Springs Road, Cashiers, NC, 28717 with 5% annual appreciation on a $325,000 basis while $2,138/mo rent supports operations. Total monthly income totals $2,138/mo and a $1,591/mo payment preserves $157/mo for cash returns. Annual cash flow comes to $1,884/yr on $107,738 deployed, and return on cash invested reaches 21.66% in year one. Equity gained on principal adds $2,097/yr, and five-year appreciation sums $89,792 alongside rental yield of 7.89%. Five-year ROI measures 112.07% and total cumulative return in cash totals $120,745.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,138/mo property income versus a $1,591/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Lot
Built in N/A
3.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28717, Cashiers, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,286 (100%) |
| Owner Occupied HU | 625 (27.3%) |
| Renter Occupied HU | 143 ( 6.3%) |
| Vacant Housing Units | 1,518 (66.4%) |
| Median Home Value | $531,888 |
| Average Home Value | $750,584 |
Housing Distribution
Address Breakdown
Residential
676
Single Family
603
Multi-Family
73
Businesses
410
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Listed by: Beth Townsend • Cashiers Sotheby's International Realty
Mls Name: HCMLS
Mls ID: #106215
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.