136 Mountain Island Dr,Statesville,NC,28677

Investment Highlights

Investment property for sale in Statesville at 136 Mountain Island Dr, Statesville, NC, 28677 at $415,900 posts ROI 21.86% with $224/mo cash flow from $2,759/mo rent. Total monthly income equals $2,759/mo, and annual cash flow records $2,687/yr on $137,871 to close. Return on cash invested measures 21.86% and rental yield reads 7.96% at the current $415,900. Equity gained on principal adds $2,684/yr, and 5% annual appreciation supports $114,906 by year five. Five-year ROI prints 113.17% and total cumulative return in cash totals $156,028.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,759/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).