174 Birchwood Rd #24, Statesville, NC, 28625 | $212/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 Statesville at 174 Birchwood Rd #24, Statesville, NC, 28625 listed at $299,995 pairs $2,040/mo rent with a $1,468/mo payment to leave $212/mo cash flow. Total monthly income runs $2,040/mo, and annual cash flow reaches $2,544/yr on $99,448 cash to close. Return on cash invested measures 22.47% in year one, and rental yield registers 8.16% at a $299,995 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,883 by year five. Five-year ROI tracks 116.42% and total cumulative return in cash totals $115,774. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,040/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1978

1 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 28625, Statesville, NC area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,588 (100%)
Owner Occupied HU	12,188 (69.3%)
Renter Occupied HU	4,187 (23.8%)
Vacant Housing Units	1,213 ( 6.9%)
Median Home Value	$314,741
Average Home Value	$354,325