2028 Kennedy Dr #157, Statesville, NC, 28677 | 1.7% Rental Yield

For Sale

Fix & Flip

Rental Income

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

Investment property for sale in Statesville at 2028 Kennedy Dr #157, Statesville, NC, 28677 offers a 1.7% rental yield on a $1,865,000 purchase with $2,640/mo rent. 04% in year one. Equity gained on principal adds $12,035/yr while 5% annual appreciation supports $515,265 over five years. Portfolio math shows five-year ROI at 12.15% and total cumulative return in cash at $73,446. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,640/mo property income against a $9,128/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 1969

2.40 Acres lot

$N/A/sqft

No HOA