107 White Ridge Ln, Cleveland, NC, 27013 | $577/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 Cleveland at 107 White Ridge Ln, Cleveland, NC, 27013 earns $577/mo cash flow from $2,009/mo rent with a $1,150/mo payment. Total monthly income totals $2,009/mo, and annual cash flow totals $6,924/yr on $77,903 capital. ROI tracks 28.8% on current figures, and rental yield reads 10.26% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 150.35% and total cumulative return in cash sums $117,124. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,009/mo property income instead of your personal income.

Manufactured

Built in 2008

0.49 Acres lot

$N/A/sqft

No HOA