101 E Rhode Island Avenue Apt B, Southern Pines, NC, 28387 | $254/mo Cash Flow

For Sale

Ziffy Mortgage

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

Investment property for sale in Southern Pines at 101 E Rhode Island Avenue Apt B, Southern Pines, NC, 28387 at $295,000 posts ROI 23.03% with $254/mo cash flow from $2,052/mo rent. Total monthly income equals $2,052/mo, and annual cash flow records $3,048/yr on $97,793 to close. Return on cash invested measures 23.03% and rental yield reads 8.35% at the current $295,000. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 by year five. Five-year ROI prints 119.42% and total cumulative return in cash totals $116,786.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,052/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Townhouse

Built in 2004

1,306 sqft lot

$N/A/sqft

No HOA