148 Meadow View Dr, Statesville, NC, 28677 | $401/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 Statesville at 148 Meadow View Dr, Statesville, NC, 28677 with 5% annual appreciation on a $367,390 basis while $2,640/mo rent supports operations. Total monthly income totals $2,640/mo and a $1,798/mo payment preserves $401/mo for cash returns. Annual cash flow comes to $4,814/yr on $121,790 deployed, and return on cash invested reaches 23.86% in year one. Equity gained on principal adds $2,371/yr, and five-year appreciation sums $101,503 alongside rental yield of 8.62%. Five-year ROI measures 123.93% and total cumulative return in cash totals $150,938.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,640/mo property income versus a $1,798/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2025

0.15 Acres lot

$N/A/sqft

No HOA