1554 Spring View Dr, Catawba, NC, 28609 | $425/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 Catawba at 1554 Spring View Dr, Catawba, NC, 28609 uses $95,969 cash to close to unlock $5,095/yr annual cash flow and $425/mo monthly cash flow. Total monthly income runs $2,189/mo, and a $1,417/mo payment keeps the spread at $425/mo. Purchase price stands at $289,500, and rental yield measures 9.07% with $2,189/mo rent. Return on cash invested shows 25.22% in year one, and 5% annual appreciation builds toward $79,984 over five years. Five-year ROI reaches 131.21% and total cumulative return in cash records $125,919. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,189/mo property income covering a $1,417/mo payment rather than investor’s personal income.

Manufactured

Built in 2012

0.89 Acres lot

$N/A/sqft

No HOA