158 School House Rd, Mills River, NC, 28759 | $237/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 Mills River at 158 School House Rd, Mills River, NC, 28759 offers $3,498/mo rent that, after a $2,619/mo payment, leaves $237/mo cash flow. Total monthly income is $3,498/mo, and annual cash flow is $2,844/yr on $176,015 cash. Return on cash invested measures 21.68% in year one, and rental yield stands at 7.85% at a $535,000 entry. Equity gained on principal adds $3,452/yr while 5% annual appreciation compounds into $147,811 by year five. Five-year ROI records 112.15% and total cumulative return in cash reaches $197,392. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,498/mo property income versus a $2,619/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1971

1.34 Acres lot

$N/A/sqft

No HOA