206 Legend Dr, Mill Spring, NC, 28756 | 4.29% Rental Yield

For Sale

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

Rental property for sale in Mill Spring at 206 Legend Dr, Mill Spring, NC, 28756 generates $2,855/mo in rent, after a $3,911/mo payment. Total monthly income is $2,855/mo. Return on cash invested sits at 10.86% in year one, and rental yield is 4.29% on a $799,000 entry. Equity gained on principal adds $5,156/yr, while 5% annual appreciation builds toward $220,749 over five years. Five-year ROI reaches 54.18% and total cumulative return in cash sums $142,422. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,855/mo property income rather than buyer’s personal income.

Single Family

Built in 2012

2.21 Acres lot

$N/A/sqft

No HOA