132 Tower Street, Southern Pines, NC, 28387 | 6.04% Rental Yield

For Sale

Rental Income

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

Rental property for sale in Southern Pines at 132 Tower Street, Southern Pines, NC, 28387 generates $3,119/mo in rent, after a $3,035/mo payment. Total monthly income is $3,119/mo. Return on cash invested sits at 16.18% in year one, and rental yield is 6.04% on a $620,000 entry. Equity gained on principal adds $4,001/yr, while 5% annual appreciation builds toward $171,295 over five years. Five-year ROI reaches 82.66% and total cumulative return in cash sums $168,615. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,119/mo property income rather than buyer’s personal income.

Single Family

Built in 1930

0.49 Acres lot

$N/A/sqft

No HOA