109 Nemans Cv, Cherryville, NC, 28021 | 6.24% Rental Yield

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

Rental property for sale in Cherryville at 109 Nemans Cv, Cherryville, NC, 28021 priced at $599,900 pairs $3,119/mo rent with after a $2,936/mo payment. Total monthly income equals $3,119/mo. Return on cash invested is 16.8% in year one, and rental yield stands at 6.24% on a $599,900 basis. Equity gained on principal adds $3,871/yr, and 5% annual appreciation accumulates to $165,741 by year five. Five-year ROI measures 86% and total cumulative return in cash reaches $169,744. For financing, Ziffy Mortgage’s DSCR program evaluates $3,119/mo property income against a $2,936/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1998

0.48 Acres lot

$N/A/sqft

No HOA