1826 Wilson Lee BlvdStatesvilleNC28677
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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 Statesville at 1826 Wilson Lee Blvd, Statesville, NC, 28677 generates $1,547/mo in rent and, after a $877/mo payment, leaves $455/mo in cash flow. Total monthly income is $1,547/mo, and annual cash flow is $5,460/yr on $59,405 invested. Return on cash invested sits at 29.1% in year one, and rental yield is 10.36% on a $179,200 entry. Equity gained on principal adds $1,156/yr, while 5% annual appreciation builds toward $49,510 over five years. Five-year ROI reaches 151.98% and total cumulative return in cash sums $90,282. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,547/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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