1701 Cobblestone Dr,Creedmoor,NC,27522

Investment Highlights

Investment property for sale in Creedmoor at 1701 Cobblestone Dr, Creedmoor, NC, 27522 listed at $399,000 pairs $2,635/mo rent with a $1,953/mo payment to leave $203/mo cash flow. Total monthly income runs $2,635/mo, and annual cash flow reaches $2,438/yr on $132,269 cash to close. Return on cash invested measures 21.75% in year one, and rental yield registers 7.92% at a $399,000 basis. Equity gained on principal adds $2,575/yr, and annual property appreciation at 5% supports $110,236 by year five. Five-year ROI tracks 112.63% and total cumulative return in cash totals $148,970. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,635/mo property income relative to a $1,953/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).