202 E Central Ave, Catawba, NC, 28609 | $303/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 Catawba at 202 E Central Ave, Catawba, NC, 28609 priced at $350,000 pairs $2,436/mo rent with $303/mo cash flow after a $1,713/mo payment. Total monthly income equals $2,436/mo, and annual cash flow comes to $3,636/yr on $116,025 invested. Return on cash invested is 23.04% in year one, and rental yield stands at 8.35% on a $350,000 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,699 by year five. Five-year ROI measures 119.51% and total cumulative return in cash reaches $138,662. For financing, Ziffy Mortgage’s DSCR program evaluates $2,436/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1882

0.38 Acres lot

$N/A/sqft

No HOA