167 Drum St,Asheboro,NC,27205

Investment Highlights

Rental property for sale in Asheboro at 167 Drum St, Asheboro, NC, 27205 generates $1,392/mo in rent and, after a $1,052/mo payment, leaves $82/mo in cash flow. Total monthly income is $1,392/mo, and annual cash flow is $985/yr on $71,239 invested. Return on cash invested sits at 21.29% in year one, and rental yield is 7.77% on a $214,900 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,373 over five years. Five-year ROI reaches 110.19% and total cumulative return in cash sums $78,498. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,392/mo property income rather than buyer’s personal income.