1023 Spring St, Mount Airy, NC, 27030 | $465/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 Mount Airy at 1023 Spring St, Mount Airy, NC, 27030 offers a 9.27% rental yield on a $284,900 purchase with $2,201/mo rent. Total monthly income registers $2,201/mo, and a $1,394/mo payment leaves $465/mo available for distribution. Annual cash flow reaches $5,581/yr on $94,444 to close, and return on cash invested stands at 25.82% in year one. Equity gained on principal adds $1,838/yr while 5% annual appreciation supports $78,713 over five years. Portfolio math shows five-year ROI at 134.45% and total cumulative return in cash at $126,983. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,201/mo property income against a $1,394/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1924

0.55 Acres lot

$N/A/sqft

No HOA