121 Apple Orchard Ct, Statesville, NC, 28677 | $634/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Statesville at 121 Apple Orchard Ct, Statesville, NC, 28677 uses $112,710 cash to close to unlock $7,608/yr annual cash flow and $634/mo monthly cash flow. Total monthly income runs $2,706/mo, and a $1,664/mo payment keeps the spread at $634/mo. Purchase price stands at $340,000, and rental yield measures 9.55% with $2,706/mo rent. Return on cash invested shows 26.66% in year one, and 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 138.9% and total cumulative return in cash records $156,558. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,706/mo property income covering a $1,664/mo payment rather than investor’s personal income.

Single Family

Built in 2023

0.16 Acres lot

$N/A/sqft

No HOA