1804 Farmington RdMocksvilleNC27028
Nearby investment properties with comparable rents
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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
Investment Highlights
Rental property for sale in Mocksville at 1804 Farmington Rd, Mocksville, NC, 27028 offers $2,498/mo rent that, after a $1,713/mo payment, leaves $365/mo cash flow. Total monthly income is $2,498/mo, and annual cash flow is $4,380/yr on $116,025 cash. Return on cash invested measures 23.68% in year one, and rental yield stands at 8.56% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 122.95% and total cumulative return in cash reaches $142,658. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,498/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
2 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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