105 Alexander DrClevelandNC27013
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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 Cleveland at 105 Alexander Dr, Cleveland, NC, 27013 at $269,900 posts ROI 26.15% with $465/mo cash flow from $2,110/mo rent. Total monthly income equals $2,110/mo, and annual cash flow records $5,581/yr on $89,472 to close. Return on cash invested measures 26.15% and rental yield reads 9.38% at the current $269,900. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 by year five. Five-year ROI prints 136.21% and total cumulative return in cash totals $121,866.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,110/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2002
0.42 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Megyan Anglin • Allen Tate Concord
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4294703