150 Wiregrass Lane,Southern Pines,NC,28387

Investment Highlights

Rental property for sale in Southern Pines at 150 Wiregrass Lane, Southern Pines, NC, 28387 offers $4,308/mo rent that, after a $3,108/mo payment, leaves $438/mo cash flow. Total monthly income is $4,308/mo, and annual cash flow is $5,256/yr on $208,915 cash. Return on cash invested measures 22.58% in year one, and rental yield stands at 8.14% at a $635,000 entry. Equity gained on principal adds $4,098/yr while 5% annual appreciation compounds into $175,439 by year five. Five-year ROI records 116.98% and total cumulative return in cash reaches $244,388. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,308/mo property income versus a $3,108/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.