112 Millwright Ct, Mocksville, NC, 27028 | $719/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 Mocksville at 112 Millwright Ct, Mocksville, NC, 27028 priced at $215,000 pairs $2,029/mo rent with $719/mo cash flow after a $1,052/mo payment. Total monthly income equals $2,029/mo, and annual cash flow comes to $8,628/yr on $71,273 invested. Return on cash invested is 32.01% in year one, and rental yield stands at 11.32% on a $215,000 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,401 by year five. Five-year ROI measures 167.63% and total cumulative return in cash reaches $119,473. For financing, Ziffy Mortgage’s DSCR program evaluates $2,029/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.

Condo

Built in 2004

0.03 Acres lot

$N/A/sqft

No HOA