1004 Lake Michael Way, Mebane, NC, 27302 | $129/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Mebane at 1004 Lake Michael Way, Mebane, NC, 27302 generates $2,399/mo in rent and, after a $1,664/mo payment, leaves $129/mo in cash flow. Total monthly income is $2,399/mo, and annual cash flow is $1,548/yr on $112,710 invested. Return on cash invested sits at 21.28% in year one, and rental yield is 8.47% on a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 110.84% and total cumulative return in cash sums $124,926. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,399/mo property income rather than buyer’s personal income.

Townhouse

Built in 2016

2,178 sqft lot

$N/A/sqft

$198 monthly HOA