157 Batten Ridge Dr, Statesville, NC, 28677 | $208/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

Rental property for sale in Statesville at 157 Batten Ridge Dr, Statesville, NC, 28677 priced at $400,000 converts $2,646/mo rent into $208/mo cash flow after a $1,958/mo obligation. Total monthly income equals $2,646/mo, and annual cash flow totals $2,496/yr on $132,600 invested. Return on cash invested prints 21.79% in year one, and rental yield reads 7.94% against a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,513 by year five. Five-year ROI reaches 112.8% and total cumulative return in cash sums $149,572. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,646/mo property income covering a $1,958/mo payment, not borrower’s personal income.

Single Family

Built in 2023

0.19 Acres lot

$N/A/sqft

No HOA