153 Covington Rd, Bunnlevel, NC, 28323 | $263/mo Cash Flow

For Sale

Currently Rented

Rental Income

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

Rental property for sale in Bunnlevel at 153 Covington Rd, Bunnlevel, NC, 28323 priced at $157,000 converts $1,219/mo rent into $263/mo cash flow after a $768/mo obligation. Total monthly income equals $1,219/mo, and annual cash flow totals $3,151/yr on $52,046 invested. Return on cash invested prints 25.96% in year one, and rental yield reads 9.32% against a $157,000 entry. Equity gained on principal adds $1,013/yr, while 5% annual appreciation compiles into $43,376 by year five. Five-year ROI reaches 135.24% and total cumulative return in cash sums $70,388. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,219/mo property income covering a $768/mo payment, not borrower’s personal income.

Manufactured

Built in 1980

1 Acres lot

$N/A/sqft

No HOA