116 Orville RdStatesvilleNC28677
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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 Statesville at 116 Orville Rd, Statesville, NC, 28677 at $195,000 posts ROI 29.84% with $535/mo cash flow from $1,723/mo rent. Total monthly income equals $1,723/mo, and annual cash flow records $6,420/yr on $64,643 to close. Return on cash invested measures 29.84% and rental yield reads 10.6% at the current $195,000. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 by year five. Five-year ROI prints 155.95% and total cumulative return in cash totals $100,810.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,723/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1987
0.46 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Tori Cearlock • Real Broker, LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4179946
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