119 Celestial WayMill 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 119 Celestial Way, Mill Spring, NC, 28756 offers a 6.31% rental yield on a $434,500 purchase with $2,286/mo rent. 7% in year one. Equity gained on principal adds $2,804/yr while 5% annual appreciation supports $120,044 over five years. Portfolio math shows five-year ROI at 85.58% and total cumulative return in cash at $123,263. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,286/mo property income against a $2,127/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
1.25 Acres lot
$N/A/sqft
$277 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Emily Macon • Robert Greene Real Estate, Inc
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4182663
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