1303 Forest Park Dr, Statesville, NC, 28677 | $524/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
2448 sft

131 Little Forest Ln, Statesville, NC, 28625

3 Bed
2 Bath
1370 sft

6819 Navajo Trl, Sherrills Ford, NC, 28673

3 Bed
3 Bath
8100 sft

117 Dogwood Village Trl #A-B, Mooresville, NC, 28115

3 Bed
2 Bath
1681 sft

834 Brookwood St, Mooresville, NC, 28115

Nearby investment properties with comparable prices

2 Bed
2 Bath
1010 sft

137 N Magnolia St, Mooresville, NC, 28115

3 Bed
2 Bath
1497 sft

4216 Apex Dr, Maiden, NC, 28650

3 Bed
2 Bath
1473 sft

495 Us Highway 21, Statesville, NC, 28625

3 Bed
2 Bath
1471 sft

495 Turnersburg Hwy, Statesville, NC, 28625

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Statesville at 1303 Forest Park Dr, Statesville, NC, 28677 listed at $300,000 pairs $2,352/mo rent with a $1,468/mo payment to leave $524/mo cash flow. Total monthly income runs $2,352/mo, and annual cash flow reaches $6,288/yr on $99,450 cash to close. Return on cash invested measures 26.23% in year one, and rental yield registers 9.41% at a $300,000 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,884 by year five. Five-year ROI tracks 136.62% and total cumulative return in cash totals $135,864. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,352/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1964

0.34 Acres lot

$N/A/sqft

No HOA