1315 Glen Cannon Dr, Pisgah Forest, NC, 28768 | $2,016/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 Pisgah Forest at 1315 Glen Cannon Dr, Pisgah Forest, NC, 28768 offers a 10.79% rental yield on a $695,000 purchase with $6,252/mo rent. Total monthly income registers $6,252/mo, and a $3,402/mo payment leaves $2,016/mo available for distribution. Annual cash flow reaches $24,192/yr on $228,655 to close, and return on cash invested stands at 30.64% in year one. Equity gained on principal adds $4,485/yr while 5% annual appreciation supports $192,016 over five years. Portfolio math shows five-year ROI at 160.22% and total cumulative return in cash at $366,354. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,252/mo property income against a $3,402/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1972

1.44 Acres lot

$N/A/sqft

No HOA