Lot 10 Deep Ford FallsLake ToxawayNC28747
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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
Rental property for sale in Lake Toxaway at Lot 10 Deep Ford Falls, Lake Toxaway, NC, 28747 generates $2,076/mo in rent and, after a $729/mo payment, leaves $1,168/mo in cash flow. Total monthly income is $2,076/mo, and annual cash flow is $14,018/yr on $49,394 invested. Return on cash invested sits at 48.29% in year one, and rental yield is 16.72% on a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 255.01% and total cumulative return in cash sums $125,956. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,076/mo property income rather than buyer’s personal income.
Lot
Built in N/A
1.65 Acres 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: Mark Moser • CASHIERS VALLEY REAL ESTATE LLC
Mls Name: HCMLS
Mls ID: #105939
Disclaimer: Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.