1033 4th St,Statesville,NC,28677

Investment Highlights

Investment property for sale in Statesville at 1033 4th St, Statesville, NC, 28677 offers a 10.45% rental yield on a $169,990 purchase with $1,480/mo rent. Total monthly income registers $1,480/mo, and a $832/mo payment leaves $444/mo available for distribution. Annual cash flow reaches $5,328/yr on $56,352 to close, and return on cash invested stands at 29.36% in year one. Equity gained on principal adds $1,097/yr while 5% annual appreciation supports $46,965 over five years. Portfolio math shows five-year ROI at 153.5% and total cumulative return in cash at $86,502. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,480/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.