116 Jana Dr,Statesville,NC,28677

Investment Highlights

Investment property for sale in Statesville at 116 Jana Dr, Statesville, NC, 28677 offers a 7.51% rental yield on a $440,000 purchase with $2,755/mo rent. Total monthly income registers $2,755/mo, and a $2,154/mo payment leaves $73/mo available for distribution. Annual cash flow reaches $876/yr on $145,860 to close, and return on cash invested stands at 20.51% in year one. Equity gained on principal adds $2,839/yr while 5% annual appreciation supports $121,564 over five years. Portfolio math shows five-year ROI at 105.92% and total cumulative return in cash at $154,498. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,755/mo property income against a $2,154/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.