1374 W Lake Dr, Asheboro, NC, 27205 | 6.03% Rental Yield

For Sale

Motivated Seller

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 Asheboro at 1374 W Lake Dr, Asheboro, NC, 27205 offers a 6.03% rental yield on a $395,000 purchase with $1,985/mo rent. 04% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Portfolio math shows five-year ROI at 81.96% and total cumulative return in cash at $107,322. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,985/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1978

0.97 Acres lot

$N/A/sqft

No HOA