1129 Rita AveNeboNC28677
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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 Nebo at 1129 Rita Ave, Nebo, NC, 28677 at $225,000 posts ROI 32.28% with $769/mo cash flow from $2,140/mo rent. Total monthly income equals $2,140/mo, and annual cash flow records $9,228/yr on $74,588 to close. Return on cash invested measures 32.28% and rental yield reads 11.41% at the current $225,000. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 by year five. Five-year ROI prints 169.05% and total cumulative return in cash totals $126,093.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,140/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1966
0.25 Acres lot
$N/A/sqft
No HOA
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Listed by: Reggie Carson • NextHome Authority
Mls Name: Canopy MLS as distributed by MLS GRID
Mls ID: #4312046