192 Shady LnMill SpringNC28756
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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 Mill Spring at 192 Shady Ln, Mill Spring, NC, 28756 priced at $510,000 pairs $1,865/mo rent with after a $2,496/mo payment. Total monthly income equals $1,865/mo. Return on cash invested is 11.17% in year one, and rental yield stands at 4.39% on a $510,000 basis. Equity gained on principal adds $3,291/yr, and 5% annual appreciation accumulates to $140,904 by year five. Five-year ROI measures 55.81% and total cumulative return in cash reaches $93,651. For financing, Ziffy Mortgage’s DSCR program evaluates $1,865/mo property income against a $2,496/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1981
9 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: James Capsalis • Tryon Horse & Home LLC
Mls Name: Canopy MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #4265983
Disclaimer: Based on information submitted to the MLS GRID as of 2025-06-01 17:33:09 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#87)