111 Allenton Way, Statesville, NC, 28677 | $85/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

Rental property for sale in Statesville at 111 Allenton Way, Statesville, NC, 28677 offers $2,461/mo rent that, after a $1,908/mo payment, leaves $85/mo cash flow. Total monthly income is $2,461/mo, and annual cash flow is $1,021/yr on $129,252 cash. Return on cash invested measures 20.7% in year one, and rental yield stands at 7.57% at a $389,900 entry. Equity gained on principal adds $2,516/yr while 5% annual appreciation compounds into $107,722 by year five. Five-year ROI records 106.98% and total cumulative return in cash reaches $138,277. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,461/mo property income versus a $1,908/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2018

0.21 Acres lot

$N/A/sqft

No HOA