152 Patchwork Dr, Statesville, NC, 28677 | $873/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 152 Patchwork Dr, Statesville, NC, 28677 uses $96,102 cash to close to unlock $10,477/yr annual cash flow and $873/mo monthly cash flow. Total monthly income runs $2,640/mo, and a $1,419/mo payment keeps the spread at $873/mo. Purchase price stands at $289,900, and rental yield measures 10.93% with $2,640/mo rent. Return on cash invested shows 30.81% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 161.21% and total cumulative return in cash records $154,929. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $1,419/mo payment rather than investor’s personal income.

Manufactured

Built in 2025

1.22 Acres lot

$N/A/sqft

No HOA