201 Giant Oak Ave, Statesville, NC, 28677 | $650/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

Rental property for sale in Statesville at 201 Giant Oak Ave, Statesville, NC, 28677 offers $3,336/mo rent that, after a $2,157/mo payment, leaves $650/mo cash flow. Total monthly income is $3,336/mo, and annual cash flow is $7,802/yr on $146,089 cash. Return on cash invested measures 25.25% in year one, and rental yield stands at 9.08% at a $440,690 entry. Equity gained on principal adds $2,844/yr while 5% annual appreciation compounds into $121,755 by year five. Five-year ROI records 131.39% and total cumulative return in cash reaches $191,939. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,336/mo property income versus a $2,157/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA