1007 Wilson W Lee BlvdStatesvilleNC28677
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 Statesville at 1007 Wilson W Lee Blvd, Statesville, NC, 28677 earns $535/mo cash flow from $1,541/mo rent with a $808/mo payment. Total monthly income totals $1,541/mo, and annual cash flow totals $6,420/yr on $54,698 capital. ROI tracks 31.65% on current figures, and rental yield reads 11.21% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 165.66% and total cumulative return in cash sums $90,611. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,541/mo property income instead of your personal income.
Single Family
Built in 1920
0.16 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Grant Zaharis • Patel Standard realty
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4174645
Disclaimer: Based on information submitted to the MLS GRID as of 2024-01-24 10:55:15 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_87)