115 Cold Springs DrMill SpringNC28756



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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 Mill Spring at 115 Cold Springs Dr, Mill Spring, NC, 28756 listed at $125,000 pairs $1,646/mo rent with a $612/mo payment to leave $884/mo cash flow. Total monthly income runs $1,646/mo, and annual cash flow reaches $10,608/yr on $41,438 cash to close. Return on cash invested measures 45.51% in year one, and rental yield registers 15.8% at a $125,000 basis. Equity gained on principal adds $807/yr, and annual property appreciation at 5% supports $34,535 by year five. Five-year ROI tracks 240% and total cumulative return in cash totals $99,449. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,646/mo property income relative to a $612/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2008
0.78 Acres lot
$N/A/sqft
No HOA
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