1840 Bogey Ln,Asheboro,NC,27205

Investment Highlights

Investment property for sale in Asheboro at 1840 Bogey Ln, Asheboro, NC, 27205 listed at $279,000 pairs $1,811/mo rent with a $1,366/mo payment to leave $110/mo cash flow. Total monthly income runs $1,811/mo, and annual cash flow reaches $1,322/yr on $92,489 cash to close. Return on cash invested measures 21.34% in year one, and rental yield registers 7.79% at a $279,000 basis. Equity gained on principal adds $1,800/yr, and annual property appreciation at 5% supports $77,083 by year five. Five-year ROI tracks 110.42% and total cumulative return in cash totals $102,127. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,811/mo property income relative to a $1,366/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).