106 Wyndham CvCherryvilleNC28021
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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
Investment Highlights
Investment property for sale in Cherryville at 106 Wyndham Cv, Cherryville, NC, 28021 with 5% annual appreciation on a $709,000 basis while $4,474/mo rent supports operations. Total monthly income totals $4,474/mo and a $3,470/mo payment preserves $153/mo for cash returns. Annual cash flow comes to $1,838/yr on $233,261 deployed, and return on cash invested reaches 20.85% in year one. Equity gained on principal adds $4,575/yr, and five-year appreciation sums $195,884 alongside rental yield of 7.57%. Five-year ROI measures 107.73% and total cumulative return in cash totals $251,301.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,474/mo property income versus a $3,470/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1989
0.72 Acres lot
$N/A/sqft
No HOA
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Listed by: Marvin Biddix • RE/MAX Select
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4305624