tbd Valle Cay DriveVilasNC28692
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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 Vilas at tbd Valle Cay Drive, Vilas, NC, 28692 at $100,000 posts ROI 58.81% with $1,075/mo cash flow from $1,867/mo rent. Total monthly income equals $1,867/mo, and annual cash flow records $12,896/yr on $33,150 to close. Return on cash invested measures 58.81% and rental yield reads 22.4% at the current $100,000. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 by year five. Five-year ROI prints 313.75% and total cumulative return in cash totals $104,008.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,867/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Lot
Built in N/A
1.55 Acres lot
$N/A/sqft
$2,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28692, Vilas, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,583 (100%) |
| Owner Occupied HU | 1,385 (53.6%) |
| Renter Occupied HU | 544 (21.1%) |
| Vacant Housing Units | 654 (25.3%) |
| Median Home Value | $324,499 |
| Average Home Value | $397,727 |
Housing Distribution
Address Breakdown
Residential
1,990
Single Family
1,990
Multi-Family
0
Businesses
90
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Benjamin Ray • Client First Of The High Country
Mls Name: High Country AOR
Mls Provider:
Mls ID: #251638
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.